Hamburg-based Garbe Industrial Real Estate has acquired a fully let logistic distribution centre in Veenendaal, the Netherlands from Foundation Vastgoed Veenendaal, managed by ProDelta Real Estate. Financial details were not disclosed.
The logistic distribution centre is located at Arsenaal 2 in Veenendaal and consists of a 41,000 m2 warehouse, 2,200 m2 of office space, a 1,700 m2 mezzanine floor in combination with 233 on-site parking spaces.
The property is fully let to two tenants, XPO Supply Chain Netherlands and Pon Logistics.
‘The distribution centre is an excellent addition to our existing portfolio and we look forward to the cooperation with our new tenants,’ said Maurits Smit, managing director of Garbe Industrial Netherlands.
Garbe manages around €450 mln of industrial and logistics real estate assets in the Netherlands.
GARBE Industrial Real Estate Netherlands B.V. has been commercially advised by Bridgegap, legally advised by Lexence and technically advised by CBRE. Seller ProDelta Real Estate was advised in this transaction by De Mik Bedrijfshuisvesting & legal counsel by Loyens & Loeff.
