The 13,500 sqm warehouse with a clear height of 6.5 metres and over 35 dock doors is subdividable, and is currently being let to an online retailer until 2025. The property sits on a large 36,000 sqm plot and provides ample parking and manoeuvring space.
Further ESG improvements as well as upcoming asset management initiatives will allow repositioning the property to accommodate future tenants’ requirements.
For this acquisition, Bowery has acted on behalf of an institutional investor and was advised by Immolox (agent), K&L Gates (legal, tax) and CBRE (technical, environmental).
About Bowery
Founded in 2020 and headquartered in London, the firm is active across key European markets, with a particular focus on Germany, France and the Netherlands. Bowery provides institutional and first-time logistics investors with a single point of entry to diversified, cross-border logistics portfolios, combining deep local market expertise with a pan-European investment approach.