German car manufacturer leases space in Garbe’s Ludwigsau logistics property

by   CIJ News iDesk III
2024-11-27   09:36
/uploads/posts/d57c4ef89d9950df57f5dd9414509db85c236f34/images/628110069.jpeg

Garbe Industrial Real Estate GmbH has secured its first tenant for its newly constructed logistics property in Ludwigsau, located in the Hersfeld-Rotenburg district of Germany. A leading German car manufacturer will occupy approximately 32,000 square metres of the facility to store original spare parts. The Hamburg-based real estate company has invested around €100 million in the strategically located site in Northern Hesse.

“Even in economically challenging times, it pays to develop sites in the right locations with a view to the future,” said Adrian Zellner, Member of the Executive Board of Garbe Industrial Real Estate. “This successful lease agreement underscores the high quality and prime location of the new property.”

Constructed speculatively without fixed rental commitments, the property was designed as a multi-user facility. The car manufacturer will utilize around one-third of the total 86,000-square-metre space. The remaining 57,000 square metres, which include hall space, offices, social rooms, and mezzanine areas, are still available for lease. Units can be divided into areas of approximately 8,400 square metres or more, making the property particularly appealing to companies in the commercial, light industrial, and logistics sectors.

“We are currently in discussions with potential users for the remaining spaces, which offer modern, sustainable construction in a highly attractive location,” added Zellner.

Located on a 191,000-square-metre site in the Mecklar-Meckbach industrial estate, the logistics centre consists of two parallel buildings with a total clear height of 12.20 metres and a floor load capacity of six tonnes per square metre. Built by general contractor Fabrikon, the facility also includes approximately 7,000 square metres of intermediate-level space and 3,000 square metres for offices and social rooms.

As part of its commitment to environmental sustainability, some areas of the property have been sealed with a film to prevent the leakage of substances hazardous to water.

The Ludwigsau property represents a significant investment by Garbe Industrial Real Estate, emphasizing its strategy to develop future-proof logistics sites in key locations. The region’s excellent connectivity and infrastructure have positioned the site as a hub for industrial and logistics operations.

This lease agreement further demonstrates the increasing demand for modern, versatile logistics spaces, even in uncertain economic times. With negotiations underway for the remaining space, Garbe anticipates further tenants in the near future.

Switzerland
Albania
Asia
Austria
Belgium
Bosnia & Herzegovina
Bulgaria
Central Europe
China
Croatia
Czech Republic
Denmark
Estonia
Finland
France
Germany
Greece
Spain
Hungary
India
Italy
Kosovo
Latvia
Lithuania
Luxembourg
Moldova
Montenegro
Netherland
North Macedonia
Norway
Poland
Portugal
Romania
Russia
Serbia
Slovakia
Slovenia
Sweden
Ukraine
United Kingdom
USA