CBRE Global Investors, on behalf of one of its separate account clients, has acquired a 31,000m² warehouse in Artenay-Poupry, France. Located in the north of Orleans, the entire warehouse has been pre-let to a subsidiary of Groupe Mutual Logistics, which has signed a six-year firm lease. The company has worked with GSE to develop the grade A logistics warehouse. The project, initiated by Primelog, will be delivered in early 2020 and aims to obtain a BREEAM level Good certification.
Gautier Beurnier, Head of Transactions France, CBRE Global Investors, said: “This pre-let grade A warehouse benefits from a great location within the growing sub-market of North Orléans. This deal is also our first opportunity to work in partnership with Primelog, which is an informal relationship we are pleased to establish.”
Helene Fort, of Primelog, said: “We have been faithful to our ethos throughout the project, which is to develop high-quality logistics buildings that achieve environmental certification while supporting the development of growing companies.”