SEGRO leases 2,000 square meters in SEGRO Park Sachsenheim to Peloton
SEGRO has leased 2,000 square meters in its SEGRO Park Sachsenheim to Peloton. Around 1,350 square meters of this is hall space and the rest is office, service and mezzanine space.
Peloton will use the space for fitness equipment storage, handling, assembly and maintenance beginning in Q4 2020. In this context, Peloton is also looking for employees in the warehousing and delivery areas. The company was founded in the USA in 2012 and is currently expanding in Germany. It specializes in the sale of digitally networked fitness bikes for the home and enables its customers to participate in professional online training sessions via live connection. These spinning classes are offered 24 hours a day by fitness experts.
"With the flexible and versatile commercial space of our parks in Sachsenheim, we can support Peloton in setting up its logistics network in Germany," says Janina Kaya, Senior Leasing Manager at SEGRO.
The SEGRO Park Sachsenheim is located at Breuninger Straße 10 and is conveniently located not far from the A 81 federal motorway near Stuttgart. It has very good connections to the motorway network. The area is certified with the sustainability certificate DNGB in gold.
The Stuttgart team from the real estate consultants Colliers advised on the letting.
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 spaces 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.