Garbe with largest single letting of the year in the greater Hamburg area

Dec 21, 2024 Warehousing Ireland Logistics, News, shipping, Storage, Warehousing Comments Off on Garbe with largest single letting of the year in the greater Hamburg area

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Garbe Industrial Real Estate GmbH has re-let one of its existing properties in Norderstedt. A retailer will move in on 1 January 2025 and use the property with a total area of around 26,200 square metres for the handling and storage of goods. The deal is likely to be the largest single letting of the current year in the greater Hamburg area.

“Thanks to our active asset management, we have been able to successfully conclude a direct and long-term follow-on lease to a tenant with a strong credit rating in a challenging market environment,” emphasises Philipp Petersen, Regional Manager Hamburg at Garbe Industrial Real Estate: “We are all the more pleased that we have been able to achieve the largest single letting in terms of space on the Hamburg market for logistics properties so far this year.” The building complex was previously let to a textile logistics company.

The property is located in the southern part of the “Harkshörn” industrial estate and consists of a total of four halls with a logistics and office space of around 24,300 square metres. The floor load capacity is five tonnes per square metre. The building is equipped with 33 gates and 26 dock levellers for loading and unloading trucks. There is also a free-standing pavilion, which covers an area of around 1,900 square metres and is mainly used as an office building. There are parking spaces for 112 cars in the outdoor area.

Norderstedt, located in the south of Schleswig-Holstein, is part of the Hamburg metropolitan region. The A 7 motorway, which connects the site to Flensburg in a northerly direction and to Hamburg and Hanover in the south, can be reached in just a few minutes from the “Harkshörn” industrial estate. Hamburg Airport is 15 kilometres away. There is a bus stop with public transport connections in the immediate vicinity. 2

The Hamburg branch of property consultancy Savills acted as agent for the letting.

Garbe Industrial Real Estate also has further sites in Norderstedt. In the Schützenwall commercial area, for example, a logistics property is currently being built with a hall area of around 11,000 square metres. The property should be available in the summer of next year. In the Nordport industrial area in the immediate vicinity of Hamburg Airport, the Hamburg-based real estate company is present with a World Cargo Centre and a logistics centre.

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