Clarion Partners Europe has acquired a 61,769-square-meter (664,876-square-foot), class A logistics asset in Sury-le-Comtal, France, on behalf of one of its commingled funds.
Completed in January 2023 and suitable for single- or multitenant use, the BREEAM Excellent certified and net zero carbon construction property is fully leased on long lease firm term to Logistique Alainé, the logistics division of Groupe Alainé, the supply chain management specialists.
Located in the “Plaines” Industrial Zone of Saint-Étienne, within the Greater Lyon market, the property is under one hour drive from Lyon and serves as a catchment area for the core Lyon market, one of the most established logistics markets in France. It benefits from good connectivity, with the nearby A72, A47 and A89 providing direct access to the A6 and A7, two major arterial routes.
Clarion Partners Europe currently manages a portfolio of 400,000 square meters (4.3 million square feet) of high-qua
