Realterm acquires cross-dock high flow through facility in Lieusaint, France

Realterm acquires cross-dock excessive circulation by means of facility in Lieusaint, France



Realterm acquires cross-dock excessive circulation by means of facility in Lieusaint, France

Annapolis, MD (February 2, 2023) – Realterm pronounces the expansion of its transportation logistics actual property platform in Europe with the acquisition of Rue de Luxembourg (77), a 6,620-square-meter, cross-dock industrial facility situated on a 26,070-square-meter website in Lieusaint, France. The excessive circulation by means of (HFT®) property has 80 loading positions and is simply 32 kilometers from the middle of Paris.

Realterm plans to modernize and considerably improve the power. Deliberate enhancements embrace the set up of latest single doorways and levelers in addition to sustainability options equivalent to LED lighting and EV charging. The property additionally features a stand-alone further 5,360-square-meter website for parking.

“The French logistics market has seen extremely low emptiness charges, notably in Lieusaint, which is driving up rents,” stated Balazs Lados, Managing Director and Fund Supervisor, Realterm. “Lieusaint is among the finest last mile markets on the continent and is anticipated to proceed to develop, making this acquisition a notable addition to Realterm’s European portfolio.”

Realterm plans to modernize the power, upgrading the loading positions with the set up of latest single doorways, levelers and bumpers. The façade might be repaired, and LED lighting might be added all through the power. The property additionally consists of an extra 5,360-square-meter website for parking.

Rue du Luxembourg (77) is strategically situated within the coronary heart of the Sénart market, thought of one of many dominant logistics hubs within the Ile-de-France area. The power is conveniently positioned on the crossroads of France’s vital nationwide highways and regional freeways throughout the PARISUD Enterprise Park.

“A well-located facility equivalent to this with a lot of doorways might be interesting to each conventional palletized freight operators servicing Paris and final mile supply operators,” stated Hugues Tallandier, Investments, Southern Europe, Realterm. “Being on the gate of the better Paris area supplies a specific benefit for last mile operations. We’re delighted so as to add this property in a world-class last mile market to our European portfolio.”

Highlights of [insert #] Rue du Luxembourg (77) embrace:

 Constructing: 6,620 sqm

 Property space: 26,070 sqm

 Extra parking: 5,360 sqm

 Loading positions: 80

Realterm was represented on this transaction by R&D Notaires for the notarial features and ETYO as a technical and environmental advisor. The deal was brokered by EOL.

About Realterm

Realterm is an impartial world funding supervisor centered on the transportation trade. We purchase, develop, finance and handle differentiated actual property and infrastructure belongings serving land, air, sea and rail networks in North America, Europe and Asia Pacific. Realterm at present manages over $11 billion in belongings throughout 5 transportation logistics-oriented personal fairness fund sequence: Realterm Airport Logistics Properties (RALP), an open-end, core-plus fund investing into excessive circulation by means of (HFT®) on-airport logistics actual property all through North America; Realterm Logistics Earnings Fund (RLIF), an open-end, core-plus fund, and the Realterm Logistics Fund (RLF) Sequence, a closed-end, value-added fund sequence, each of which make investments into HFT floor transportation logistics actual property all through the U.S.; Realterm Europe Logistics Earnings Fund (RELIF), an open-end, core-plus fund, and Realterm Europe Logistics Fund (RELF), a closed-end, value-added fund sequence, each of which make investments into HFT logistics actual property all through Europe.

Contact: Sophia Stuart

Tel: (410) 216-6134

E-mail: sstuart@realterm.com

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