Mirabaud Asset Management acquires logistics facility in North Carolina

Mirabaud Asset Management, a Luxembourg-based institutional commercial real estate partnership, has acquired a high-quality logistics facility in Greensboro, N.C., for its international clients. Financial terms were not disclosed.

The 6,200-square-meter (66,736-square-foot) fulfilment center is strategically located in the Greensboro industrial submarket, and is fully leased to the world’s largest ecommerce company until 2029. The firm said the asset’s layout is perfectly suited to the tenant’s needs and will serve as a critical facility for its operations.

The transaction brings the value of their Mirabaud’s real estate portfolio to $500 million.

“Located in a fast-growing region, the Greensboro logistics facility is fully aligned to our strategy of targeting high-quality U.S. assets,” said Vaqar Zuberi, senior vice president at Mirabaud. “While many parts of the real estate market remain under pressure due to COVID-19 and broader economic challen