Industrial Securities sells 42,500 sq. m. warehouse to Exeter Property Group
Industrial Securities has sold a 38,400 sq. m. warehouse, a 1,900 sq. m. mezzanine and 2,250 sq. m. of office space in Venray to Exeter Property Group. The complex is located at Smakterweg 110-116 on Smakterheide Business Park in Venray.
The business park is easily accessible due to its proximity to the A73 motorway. Various large businesses are located on Smakterheide, including: Syncreon, Flex, XPO, Hewlett-Packard, Moduslink, Herbalife and Schneider Electric Systems.
The complex was empty when it was sold and is available for a new tenant. Exeter Property Group has appointed CBRE to assist with the letting process.
CBRE advised Industrial Securities in this transaction.
CBRE Group, Inc. (NYSE:CBRE), a Fortune 500 and S&P 500 company headquartered in Los Angeles, is the world’s largest commercial real estate services and investment firm (based on 2018 revenue). The company has more than 90,000 employees (excluding affiliates) and serves real estate investors and occupiers through more than 480 offices (excluding affiliates) worldwide. CBRE offers a broad range of integrated services, including facilities, transaction and project management; property management; investment management; appraisal and valuation; property leasing; strategic consulting; property sales; mortgage services and development services. Please visit our website at www.cbre.com.