Clarion Partners Europe has agreed to forward purchase a 75,700 square-meter (512,582-square-foot), institutional-quality logistics development in Fontaine, France, for €61 million ($64 million).
The property is developed by Vailog and completed in February 2025. Attaining a BREEAM1 Outstanding certification, the fully electrified property’s features will include photovoltaic panels, 40 electric vehicle-charging points and smart-metering technology.
The multi-tenant building is fully let to Compagnie Industrielle des Chauffe-Eau, a subsidiary of a leading HVAC specialist Group Atlantic, on a nine-year term, and Italian third-party logistics (3PL) Zust Ambrosetti.
It is located on ZAC de l’Aeroparc, a logistics park in the established industrial region of Bourgogne-Franche Comté, which is occupied by several established 3PL and ecommerce businesses. The site benefits from good Pan-European connectivity via the nearby A35 and A36 motorways.
