Realterm Logistics has announced the acquisition of a 29,778-square-meter high-performance transloading facility at Via Maggio 1 in Melzo, Italy. The building is located in a secure fenced container storage area of 144,579 square meters, providing 80 loading positions and ample rail lines.
“Milan is an important logistics location in the continent’s supply chain, connecting important north-south and east-west transport corridors,” said Jon Chalkley, Head of Investment at Realterm Europe. “Like the United States, demand for high-flow through logistics space is growing rapidly in Italy, and the acquisition of Melzo is a notable addition to the Real Term portfolio in Europe.”
The Full Lease Site is located 25 km from Milan city centre and 17 km from Milan Linate Airport, along a strategic pan-Euro freight corridor connected to major roads, rail, sea and aviation infrastructure. As a result, Melzo Property tenants have excellent reach and can easily move cargo in all directions.
The property highlights are:
Square meters: 29,778 square meters
Land area: 144,579 square meters
Load position: 80
Access: Pedemontana Motorway, Milan Brescia Motorway
Photos of the accommodation can be found here.
Realterm Logistics was represented by Real Consultant Srl in this transaction and advised by Greenberg Traurig Santa Maria, YARD REAAS, and Deloitte.
Realterm is a real estate operator with 30 years of experience implementing niche private equity strategies at the crossroads of global supply chains and evolving consumer trends. Realterm currently manages over $ 7 billion in assets through a series of five logistics-oriented private equity funds. RealtermAirportLogisticsProperties (RALP) is an open-ended fund that invests in high-flow-through (HFT) on-airport logistics real estate across North America. The 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 invest in HFT ground transportation logistics real estate. National; Realterm Europe Logistics Fund (RELF) is a series of closed-end value-added funds that invest in HFT logistics real estate across Europe. Interspace Logistics Parks (ILP), a closed-end opportunistic fund series that invests in warehouses and logistics real estate across India’s top industrial markets.
Realterm acquires high-performance transload assets in Melzo, Italy
https://www.dcvelocity.com/articles/52543-realterm-acquires-highly-functional-transload-asset-in-melzo-italy Realterm acquires high-performance transload assets in Melzo, Italy