Realterm completes strategic distribution center acquisition in ‘s-Heerenberg, Netherlands

Realterm announced that it has acquired Distributiestraat 5, a 23,610-square-meter distribution center in ‘s-Heerenberg, Netherlands, from Aberdeen.

Distributiestraat 5 is fully leased to JCL Logistics Benelux and serves as the logistics company’s head office. This site serves as a vital link in JCL’s logistics processes, handling most outgoing shipments in the cross-dock area and housing most of the parking facilities.

The distribution center sits on a 45,000-square-meter site area that includes a 20,659-square-meter warehouse and 2,376 square meters of office space. The warehouse features 44 loading docks, industrial outdoor storage (IOS) area for truck parking, and boasts an A++ energy label.

“The ‘s-Heerenberg facility represents exactly the type of well-located, mission-critical logistics asset that drives our European investment strategy,” said Balazs Lados, Managing Director, Fund Manager at Realterm. “The transaction further reinforces our commitment to owning best-in-class logistics infrastructure in Europe's most prominent corridors that are insulated to exogenous shocks.”

Strategically located directly on the Dutch-German border, the property serves as an important gateway for cross-border trade and transportation. The site is located a few kilometers from the A12 motorway and is well-connected to key transportation hubs, including the major seaports of Rotterdam and Antwerp, as well as the Rhein-Waal Terminal in Emmerich, Germany. Situated on the Rhine River, this terminal offers direct access to the Ruhr Area and inland Germany.

“The property is in excellent condition and well configured to maximize freight throughput and capitalize on the nearby transportation infrastructure,” said Piet van de Ven, Investments, Benelux at Realterm. “The asset is a perfect addition to our newly raised value-add fund with approximately €1B in purchasing power, which we have substantial appetite to continue deploying.”

Realterm was represented in the transaction by Loyens & Loeff, SGS Search, Savills and Longevity. Aberdeen was advised by JLL.