Key Takeaways
- • CBRE Investment Management signed a long-term lease with logistics provider Dachser for about 5,500 square metres of additional space at "An der Gehespitz" in Neu-Isenburg, bringing Dachser's total footprint in the property to roughly 26,500 square metres.
- • The new lease runs for more than seven years, providing a long-duration income stream for the institutional investors on whose behalf CBRE IM manages the asset.
- • The property totals 80,500 square metres across three buildings and sits adjacent to Frankfurt Airport with direct access to the A3 and A5 motorways, placing it among the established logistics locations in the Rhine-Main region.
- • CBRE IM attributes the deal to continued strong demand for modern logistics space in well-connected locations and to active asset management.
Summary
The property is managed by CBRE IM on behalf of institutional investors. It comprises a total lettable area of 80,500 square metres spread over three buildings. Its immediate proximity to Frankfurt Airport and direct connections to the A3 and A5 motorways make it one of the established logistics locations in the Rhine-Main region.
Annabelle Dierks, Head of Asset Management Logistics Germany at CBRE IM, said the continued high demand for modern logistics space in strategically well-connected locations confirms the robust fundamentals of the logistics market. She added that Dachser's expansion shows that long-term partnerships are built through active asset management and a deep understanding of tenants' requirements.
The transaction illustrates the ongoing demand from established logistics operators for space in core Rhine-Main locations, and the value of extending existing tenancies as a means of securing long-term income for institutional owners.
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