Garbe Industrial Real Estate is further expanding its presence in BadenWurttemberg with the acquisition of a partially developed plot of land totalling circa 100,000m². The purchase price was not disclosed.
"With this purchase, we are not only securing modern existing space, but also new construction potential at the location – and this in a region that is known throughout Germany for its high economic strength," said Jan Dietrich Hempel, Managing Director of Garbe Industrial Real Estate. "With the properties, we want to address medium-sized companies from the commercial, light industrial and production sectors."
The existing building has a total hall area of 16,000m². They are the first to be offered for rent on the market. Concepts for the development areas are currently being agreed upon. Both the existing areas and the future new buildings are suitable for companies operating regionally as well as supra-regionally that want to expand in Holzgerlingen or settle there for the first time.
The property benefits from close proximity to Autobahn 8 via federal road 464 and Autobahn 81. It connects the site to the west with Karlsruhe and to the east with Stuttgart Airport, Ulm and Munich. In addition, there is a direct connection to the public transport system.
"Thanks to its high economic strength and balanced mix of global market leaders and high-performing small- and medium-sized companies, BadenWurttemberg is highly attractive to us as a project developer and investor," said Jan Dietrich Hempel.
