LIP Invest buys DB Schenker’s cross-dock terminal in Herbrechtingen

LIP Invest buys DB Schenker’s cross-dock terminal in Herbrechtingen

LIP Invest, leading investment manager for Logistics Real Estate in Germany, is purchasing the cross-dock terminal in Herbrechtingen, Robert-Bosch-Straße for one of its funds.

Fiona Nitschke

10

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Oct

2021

The seller of the modern logistics building is Panattoni. List Bau Bielefeld is building the approximately 10,000 square meter logistics property as general contractor.

During the off-market deal LIP received technical support from Cushman & Wakefield, legal support from Ashurst LLP, tax support from Ebner Stolz as well as from ES Enviro Sustain for the ESG Due Diligence.

Strategic location for network coverage of DB Schenker

DB Schenker has rented the new building on a long-term basis. Thanks to its location in the industrial area, the cross-dock terminal can be used around the clock in a 24/7 operation. With the move from Ulm to the new location in Herbrechtingen, DB Schenker can further expand its Europe-wide land transport network.

Cornerstone Ceremony with Daniel Moritz (Panattoni Europe GmbH), Niko Vollmer (DBSchenker), Ralf Toebbe (DB Schenker) und Bodo Hollung (LIP Invest)

With the motorway access to the A7 three kilometres away, the transshipment property is very well connected to the long-distance traffic. The site is also connected to the main Stuttgart-Munich route via the Ulm freight center, which is around 30 kilometres away and is located directly on the A8. This enables direct rail connections to the seaports of Hamburg, Bremerhaven and Wilhelmshaven, Cologne and Italy.

High quality new logistics building

The property has a total rental area of around 10,000 square meters. The logistics property is self-supporting and has a hall height of ten meters (UKB). The floor load capacity amounts to six tons. Both under the hall and under the loading yards, a comprehensive WGK-III film is being laid to prevent hazards when handling substances hazardous to water. The lighting is regulated by a modern LED step switch with daylight control. With these criteria, great value is placed on a high degree of alternative use during construction. A DGNB Gold certification is being sought for the building, which is due to be completed in May 2022. In addition, a separate, two-story, high-quality office building with a passenger elevator is being built on 1,900 square meters.

The hall is served via a ground-level gate and 74 loading gates with dock levellers, one of which is suitable for jumbo vehicles. With over 15,200 square meters, the outdoor area offers sufficient space for shunting and docking operations. In addition, there are 70 parking spaces for cars, 40 for trailers and 71 for trucks, 51 of which are for swap bodies. A covered pallet space will be set up on a further 400 square meters. The outdoor area also includes a covered garbage station and e-charging stations for cars.

Strong support from the city of Herbrechtingen with the settlement

“Contrary to the often experienced rejection of the settlement of logistics areas, those involved in the project were able to rely on a strong support from the city of Herbrechtingen with its mayor Daniel Vogt and its first alderman Thomas Diem. The availability of land in the greater Ulm area is very limited, so we are very pleased to have acquired the last available estate in the Lengenfeld industrial park in Herbrechtingen. 130,000 square meters of logistics space have already been realized here, luring many new logistics companies to Herbrechtingen,” says Bodo Hollung, partner and managing director of LIP Invest.

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