Elite Partners Capital has made a logistics acquisition in close proximity to Stuttgart, the automotive capital of Germany.
The asset was sold by a joint venture between TPG Angelo Gordon and aam2core Holdings AG.
The large-scale multi-user logistics park located within Ettlingen West’s industrial zone boasts outstanding transportation infrastructure, including direct connections to the A5, A8 and A65 motorways; access to the Port of Karlsruhe, a major inland port along the Rhine waterway; and proximity to major international airports in Frankfurt and Stuttgart. The logistics park is also well served by local buses and the suburban railway network, ensuring availability of a skilled workforce for warehouses and offices located in and around the property.
Spanning a large site of 180,000 square meters (1.9 million square feet), the logistics park is in excellent condition and offers great third-party reusability by virtue of its contiguous but highly flexible l
