Realterm, a global specialist in transportation-advantaged logistics real estate, announced today that transport company NedLine Logistics has signed a lease at Marco Poloweg 10, Realterm’s 18,376-square-meter industrial outdoor storage (IOS) site in Venlo, Netherlands.
NedLine Logistics, a growing transport company with a broad network in the Benelux region, will occupy 2,801 square meters of the warehouse space along with 676 square meters of office space and 8,500 square meters of outdoor area as part of the four-year agreement. The company is set to move in March 2024.
“The sustained demand in the Venlo market underscores Realterm’s presence in and commitment to the region,” said Leonie Kierkels, Director of Asset Management, Europe, Realterm. “We are excited about our expanding European IOS portfolio, exemplified by NedLine’s tenancy. We wish them success in our property.”
Marco Poloweg 10 is an energy label A transload facility with ample parking for heavy vehicles, 15 doors (three docks and 12 drive-in), and a truck washing station. Other notable features include four maintenance bays, complete paving, fencing and soon-to-be installed LED lighting. It boasts a highly flexible configuration with ground level access and dock height doors, which optimize logistics operations.
The Venlo area, one of the main gateways for logistics flows from the Netherlands to other European countries such as Belgium and Germany, offers more than two million square meters of logistics space. Positioned along the A67 and A73 highways, Marco Poloweg 10 offers convenient and efficient connections to major transportation hubs such as Dusseldorf, Amsterdam, Rotterdam and Antwerp Ports.
Primarily serving as a fleet operations location with parking for heavy vehicles, the fully leased property plays a critical role in optimizing occupiers’ networks. Further improvements to the property are planned, including efficiency and sustainability upgrades.
Realterm was advised in the transaction by Base Real Estate.
About Realterm
Realterm is an independent global investment manager focused on the transportation industry. We acquire, develop, finance and manage differentiated real estate and infrastructure assets serving land, air, sea and rail networks across the world. Realterm currently manages over $11 billion in assets.
