Realogis brokers commercial property at Gambacher Kreuz for CILON in sale-leaseback transaction
The Frankfurt investment manager CILON GmbH has acquired a commercial property at Gambacher Kreuz A45/A5 for a German community of investors. The seller is Almatec GmbH, a leading company in German-speaking regions for technical light metal and plastic housing systems. Realogis, the leading German consulting company for letting and investing in industrial, logistics and commercial properties, advised the seller under an exclusive contract.
The free-standing and self-contained storage and production property at Im Löchel 2, Lich, in the district of Gießen in Middle Hesse, measures 15,000 sqm, offering its users 3,800 sqm of warehouse space and 1,300 sqm of office space.
“With this property, which boasts excellent infrastructural connections at Gambacher Kreuz, we are delighted to demonstrate our expertise in redevelopment and repositioning. We will establish the property as a small industrial park with various users. We have already signed our first leases – with keph IT-Systeme GmbH, an IT service provider for SMEs, and ETEF Rhein-Main GmbH, which specialises in network technology, security technology and data centres,” said Dr Philipp Feldmann, Managing Director for CILON.