Valor Real Estate Partners has acquired a 9,000sqm last-mile logistics asset in Corbas, near Lyon, from French operator Roche Dubar for an undisclosed amount.
The fully leased facility, built in 2013, features a 32-metre truck yard, 9-metre clear height, 22 loading doors and 2,000sqm of external storage.
Valor said it plans to implement several ESG initiatives at the site, including a building management system.
Thibault Schnyder, VP of investments, Valor, said: “We’re pleased to have secured this transaction of a modern, Grade A last-mile facility leased to an A-covenant tenant in one of the most sought after locations in Lyon. This is Valor’s sixth acquisition in Corbas where we have seen strong performance and resilience of well-located, high quality buildings.
“The asset benefits from best-in-class specifications and numerous ESG initiatives including LED lighting, EV charging stations, and dock charging stations for the tenant’s electric fleet of trucks. The building serves as the occupier’s key distribution hub for Lyon and surrounding regions.”
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