Realterm has announced the acquisition of Celsiusweg 60 and Newtonweg 23-25, a three-building, 21,049-m2 intermodal transload facility (ITF) located on a 38,904-m2 site in Venlo, Netherlands. The investment volume was just under €20 mln, according to the State’s land registry.
The property is fully leased to Seacon Logistics, an international transportation provider, which utilizes the rail terminal adjacent to the property and nearby barge terminal – which is currently being expanded with a planned 2024 completion.
‘Venlo is a major pan-European transportation hub in the Netherlands that connects the ports in Amsterdam, Rotterdam and Antwerp with the western portion of Germany,’ said Marieke de Jong, head of Investments, Benelux, Realterm. ‘This marks Realterm’s fourth acquisition in the Venlo area and solidifies Realterm as transportation logistics leaders in the Venlo market.’
The combined three properties boast 28 loading docks, 2,240 m2 of office space and 18,809 m2 of warehouse space.
‘Venlo is the best-performing logistics hub in the Netherlands, boasting over two million square meters of logistics space, with sub-one percent vacancy rate in the first half of 2023,’ said Daniela Quiñones Gómez, associate, Fund Management, Realterm.
The seller was advised in the transaction by TLF Real Estate and CMS.
