Clarion Partners Europe, the real estate investment manager specialising in European logistics/ industrial assets and sale-leasebacks, has acquired a 41,000-square-meter (441,320-square-foot) modern logistics facility in Dürrholz, Germany, on behalf of one of its co-mingled funds.
Completed in phases between 2006 and 2019, the single-tenant property in western German is occupied by Best4Tires, a leading European business-to-business (B2B) tire distributor, on a long-term lease. The facility serves as Best4Tires’ primary German storage and distribution facility. Features include LED lighting throughout and a BREEAM “Very Good” rating.
The property is located in the wider Koblenz market, within a short drive from the A3 highway, which connects two of Europe’s largest economic areas – Rhein-Ruhr and Rhine-Main. With a total population of 16.4 million people accessible within a 90-minute drive, the property is well-suited to large-scale regional and national dis
