Realterm, an independent global investment manager focused on the transportation industry, has announced the continued growth of its global transportation logistics real estate platform with the acquisition of a three-building logistics property in Venlo, Netherlands.
Celsiusweg 60 and Newtonweg 23-25 is a 21,049-square-meter (226,570-square-foot) intermodal transload facility located on a 38,904-square-meter (418,759-square-foot) site. The property is fully leased to Seacon Logistics, an international transportation provider, which utilizes the rail terminal adjacent to the property and nearby barge terminal — which is currently being expanded with a planned 2024 completion.
“Venlo is a major pan-European transportation hub in the Netherlands that connects the ports in Amsterdam, Rotterdam and Antwerp with the western portion of Germany,” said Marieke de Jong, head of investments, Benelux, Realterm. “This marks Realterm’s fourth acquisition in the Venlo area
