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Hamburg, 25.09.2018

Realogis brokers deal for 11,500 sqm logistics centre in the southern Hamburg metropolitan regionPfaff Logistik GmbH has settled in the southern Hamburg metropolitan region. In a deal advised and brokered by Realogis – the leading consulting firm for letti

The fully let property is located on Lanzstraße at the junction of the B75/B3 federal roads in the “Trelder Berg” business park and around 10 minutes’ drive from the A1 motorway. Together with the Rade and Wenzendorf business sites, this business park is one of the logistics hotspots along the A1 motorway. The property is owned by the institutional investor Exeter Property Group.

 

“There are no more high-volume commercial properties available in this market,” reports Stefan Imken, department head at Realogis Immobilien Hamburg GmbH. The last possible purchase option was taken by the logistics company IN TIME Express Logistik, which is currently building a logistics facility covering approximately 28,000 sqm for its own use on the site. Stefan Imken comments: “This diminishes the future relocation prospects of manufacturers, trading companies and logistics firms in this region and requires them to be patient. The designation of new commercial properties is not foreseeable in the near future.”