Realterm is pleased to announce that Coolblue has leased its newly acquired, highly functional, high flow-through (HFT) asset in Rotterdam.
The building, Vareseweg 160, was designed to service the previous owner-operator’s direct-to-consumer network and has never previously been available on the leasing market. Coolblue will benefit from a very well located and configured Final Mile facility with above market average parking and loading. The property was constructed to a high-quality level with sustainable energy characteristics, including rooftop solar panels. The property features:
- 15 loading positions
- 8,335 square meters of lettable area
- 15,564 square meter site area
- Low site coverage allowing for ample parking
Realterm acquired Vareseweg 160 in late 2020, as part of an eight property, HFT portfolio located in the Netherlands. All eight assets are located in primary and key secondary markets in the Netherlands, one of the most established logistics markets in Europe. Each of the assets in the portfolio benefit from transportation advantaged locations with excellent motorway access, and a highly functional design and layout. The remaining seven assets are available immediately for lease.
“Vareseweg 160 is a high-quality asset that offers excellent functionality for final mile and transload operations,” said Balazs Lados, Managing Director & Fund Manager, Realterm Europe.
Realterm is a real estate operator with a 30-year track record of executing niche private equity strategies at the intersection of the global supply chain and evolving consumption trends. Realterm currently manages over $7 billion in assets through five logistics-oriented private equity fund series: Realterm Airport Logistics Properties (RALP), an open-end fund investing into high flow through (HFT) on-airport logistics real estate throughout North America; Realterm Logistics Income Fund (RLIF), an open-end, core-plus fund, and the Realterm Logistics Fund (RLF) series, a closed-end, value-added fund series, both of which invest into HFT surface transportation logistics real estate throughout the U.S.; Realterm Europe Logistics Fund (RELF), a closed-end, value-added fund series investing into HFT logistics real estate throughout Europe; and IndoSpace Logistics Parks (ILP), a closed-end, opportunistic fund series investing into warehouse and logistics real estate throughout the top industrial markets in India.