Second automotive tenant in logistics park
Garbe Industrial Real Estate, headquartered in Hamburg, has announced the acquisition of another major tenant: a German automotive manufacturer will move into a 18,500 sqm in the "Niedersachsenpark" in Rieste, northern Germany. The vehicle manufacturer intends to use the new property for storing components for the automotive process chain.
Covering an area of more than 4,000,000 sqm and situated about 30 km north of Osnabrück, Niedersachsenpark is considered to be the largest intermunicipal commercial and industrial area in Lower Saxony. The site is connected to the Netherlands via the A 30 motorway.
Shippers such as the sporting goods manufacturer Adidas, the logistics service provider Imperial and the specialist for assembly and fastening technology Adolf Würth have settled here. (sh)