LIP Invest, leading investment manager for Logistics Real Estate in Germany, leases almost 4,000 square meters to the logistics service provider gbl – global brands logistics.
The logistics centre in Fürth with a total rental area of around 24,000 square meters is continuously fully let after Edeka moved out as tenant.
gbl, based in Nuremberg, is already the largest tenant of the multi-tenant logistics property in terms of space. The expansion in Fürth up to 16,600 square meters is related to the business growth of the logistics service provider. On site, gbl provides the picking, storage, packaging, and shipping of “white goods”, among other things.
During the leasing negotiations, the asset management team implemented extensive fire protection measures for the tenant. In addition, the noise pollution for the adjoining residential area will be sustainably improved through the subsequent letting.
Fürth is located in the logistics region of Nuremberg, which functions as a hub and gateway location for hinterland transport in southern Germany. The location links various long-distance routes with the availability of all modes of transport and is therefore an important transshipment point for local and long-distance traffic.
“Due to the attractive location in the logistics region of Nuremberg and the location's good road connections, it is easy to re-let here. The tenant expressed his interest in the logistics space at an early stage. We are pleased that gbl has been content for over three years at this location and now wishes to expand its business with our hall”, says Alexander Decker, Director Asset Management at LIP Invest.