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Radius Group + Knight team up on logistics project: Dubai-based warehouse and real estate developer Radius Group has partnered with Knight Frank MENA to launch the Radius City Logistics project at Dubai Investment Park 2, according to a press release. The project — Radius Group’s first in the UAE — will begin construction next month, with commissioning and tenant access expected by August 2025. No investment ticket has been disclosed.
The 33k square meter facility will reportedly be Dubai Investment Park’s (DIP) largest built logistics project, featuring 72 meter optimal depth blocks for cross-dock operations and a 12×24 column grid to ensure efficient racking and storage ratios, according to the statement. It will also comprise four independent blocks with separate fitted-out entrance groups and office premises that are suitable for multi or single tenant use in a large space.
Location, location, location: The facility will benefit from close proximity to major roads such as Expo Road (E77) and federal highways E11, E311, and E611 allowing for convenient travel times to prime locations including Jebel Ali Sea port, Palm Jumeirah, and Downtown Dubai.
How will Knight Frank MENA help? The Knight Frank MENA Industrial and Logistics team will help streamline the acquisition and development process to ensure the project meets the highest market standards, according to the statement.
About Radius Group: Founded in 2006, Radius Group is a global development company specialized in warehouse and industrial real estate, according to the statement. The firm, which opened its Dubai office in 2023, was the first developer in its market to obtain BREEAM and LEED certifications.
