Patron Capital and INBRIGHT have acquired a 10,300-square-meter (110,868-square-foot) GLA logistics and warehouse property south of Berlin for redevelopment. The asset was acquired from Logtrans Spedition, a subsidiary of the logistics business Schnellecke Group, for an undisclosed price.
The deal marks the sixth investment in Germany and the eighth overall as part of the joint venture between Patron and INBRIGHT that was created to build a portfolio of sustainability focused logistics, warehouse and distribution assets in well-connected industrial hubs in Germany and Portugal.
Located on Rudolf-Diesel-Strasse 2 in Ludwigsfelde, a town south of Berlin, the asset comprises 9,100 square meters (97,952 square feet) of logistics and warehouse space, 600 square meters (6,458 square feet) of office and amenity for employees. and around 6,000 square meters (64,584 square feet) of Industrial Outdoor Storage (IOS) space.
Ludwigsfelde is situated within an establishe
