Mining company leases logistics hub in Germany
Garbe Industrial Real Estate has gained K+S as a tenant for the first of its two logistics halls in Wildeck in the district of Hersfeld-Rotenburg (Hesse/Germany).
The supplier of mineral products for the agricultural, industrial and consumer sectors will use the 10,000 sqm of leased space for its warehousing and logistics activities.
Garbe acquired the logistics property, which was built according to the BEG 55 (government funding for efficient buildings) standards and completed in Q3/2022 from TS Turnkey Solutions.
The property consists of two halls, the larger of which has now been leased to K+S on a long-term basis. The second, 7,000 sqm hall is currently up for lease. The facility is equipped with 15 dock levellers for the storage and retrieval of goods and two ground-level sectional doors.