SEGRO lets 4,800 square meters in SEGRO CityPark Frankfurt
SEGRO has gained three new tenants for a total of 4,800 square meters of commercial space in its new SEGRO CityPark Frankfurt.
The space is in the first phase of the site, which was completed in January and is now 40 percent let.
Around 1,800 square meters are rented from Golden Egret Carbide Germany GmbH, a subsidiary of Xiamen Golden Egret Special Alloy Co., Ltd., a manufacturer and supplier of tungsten powder, hard metals and precision cutting tools. In addition, the courier service Stadtbote will be represented as a tenant with an area of around 2,000 square meters. Stadtbote is a company of the HANSETRANS Group, for which their transport division will use parts of the area as a sub-tenant for their transport, furniture delivery and relocation services. In addition, Filofax GmbH, a subsidiary of the British FLB Group, has been a manufacturer of calendar ring binders for almost 100 years and rents almost 1,000 square meters.
SEGRO CityPark Frankfurt is being developed speculatively by SEGRO on a 14.5-hectare site that was used by the US military until 2008. The first up to twelve units can be rented flexibly in sizes of around 1,000 to 14,500 square meters and each consist of storage, service and office space.
"The fact that we have already let almost half of the space to be created shortly before completion shows that we are meeting brisk demand with our offer of modern commercial space in an attractive location in Frankfurt," says Janina Kaya, Senior Leasing Manager at SEGRO.
With its modern design and construction according to DGNB Gold certification, the business park is integrated into the inner-city area at Graugrafenstraße 24 in Frankfurt-Rödelheim. Several bus and S-Bahn lines also offer good connections. The A 5 and A 66 motorways can be reached in a short time via the A 648 via the Frankfurt-Rödelheim junction.
Right next to the area is a 2.5-hectare meadow landscape, which SEGRO renatured in 2019 and handed over to the city of Frankfurt am Main. Bird nest boxes and insect hotels were also distributed as part of nature's contribution.
SEGRO is a British Real Estate Investment Trust (REIT) listed on the London Stock Exchange in the FTSE 100 Index. With a portfolio of 8 million square meters worth EUR 14.4 billion, SEGRO is a leading owner, manager and developer of modern logistics and commercial real estate. SEGRO's owned and managed properties are strategically located in the UK (in London and the South East and Midlands regions) and in continental Europe in France, Germany, Italy, Poland, Spain, the Netherlands and the Czech Republic.
For 100 years, SEGRO has been creating areas that make extraordinary things possible. From modern logistics real estate, primarily used as regional, national and international distribution centers, to urban commercial real estate near major population and economic centers, the company offers high-quality properties that support the growth of SEGRO's clients.