The american logistics-investor AMB Property Corporation, San Francisco, has bought a 27,000 m² large piece of land in Cargo City Süd at the airport of Frankfurt am Main. Seller of the area, in which an 11,500 m² large warehouse and offices (3,500 m²) are built, is SVL Cargo Handling.
Together with the purchase the real estate is let longterm to SFS Deutschland GmbH, a subsidiary of the french airfreight company Worldwide Flight Services. Jones Lang LaSalle mediated the transaction for AMB, B.I. Buchanan Ingersoll (Europe) GmbH has advised the letter.
Source: Immobilien Zeitung