Bowery and Alba announced the acquisition of a strategically located last-mile asset in Best, Netherlands. This acquisition was made on behalf of an institutional investor and marks a significant step in expanding the Voyage portfolio footprint in the European market, after successful acquisitions in France in 2022 and Germany in 2023.
The newly acquired property is situated close to Eindhoven and covers an area of 28,000m2. It boasts exceptional functionality, with 75 dock doors and truck courts on both sides. The prime asset is currently available for leasing, offering opportunities for businesses seeking efficient logistics solutions in the region.
Bowery and Alba plan to carry out an extensive refurbishment of this asset. Leveraging Alba's local expertise, both parties will work collaboratively to enhance the property's appeal, functionality and flexibility, catering to the diverse needs of potential tenants. The refurbishment project will prioritize flexibility to ensure the property can accommodate various leasing requirements and divisibility plans.
Image source - Pexels.
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