Utrecht, the Netherlands

Utrecht, Kuehne Nagel Facility

Type
Acquisition
Square Feet
365,489 SF
Asset
Industrial Logistics
Strategy
Core

Together with Mountpark, USAA Realco – Europe B.V. acquired an existing 365,489 SF modern, Class A logistics facility, including a 43,917 SF office building and a 307,385 SF expansion development in Utrecht, the Netherlands. The facility features a 40’ minimum clear height, as well as 102,063 SF of 108’ clear “high-bay” storage and a fully-automated robotic layer picking system.

Project highlights

  • The project is in a prime location for national logistics distribution activities, as it is situated in the center of the Netherlands, where numerous important motorways connect.
  • The project was the only Class A modern warehouse added to the Utrecht market in 2015, as the expansion site is one of the last developable locations left in the business park.

Status

USAA Realco – Europe B.V., in partnership with Somerset, completed the Utrecht Kuehne Nagel Facility in April 2015. The project is 100% leased to a triple A tenant.

This property was sold in 2016.

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LOCATION DETAILS

Atoomweg 111, 3542 AB Utrecht, Netherlands