Trammell Crow and CBRE IM are developing a sustainable logistics project near BER

Trammell Crow Company (TCC), a global developer of commercial real estate, in partnership with a fund managed by CBRE Investment Management (CBRE IM), has acquired a 38,524 sq m site near Berlin for the development of a logistics property. The seller was Real Core Holding GmbH (RCH), a Frankfurt-based joint venture between May & Co. and Pflugfelder for the development of industrial and logistics properties. RCH acquired the site in 2017, developed the development plan and obtained a building permit in 2021. 

Focus on sustainability and strategic location

This is the first collaboration between CBRE IM and TCC in Germany. The partners will construct a logistics property with a gross floor area of 20,981 sqm, which can be divided into two units. The project includes 18 truck loading bays, two ground-level sectional doors and 210 barrier-free car parking spaces and 19 truck parking spaces. The building will be heated by a heat pump and equipped with a photovoltaic-capable roof. TCC and CBRE IM are aiming for BREEAM ‘Excellent’ certification upon completion.

Construction of the project is expected to begin this year.

An established logistics location in Europe

The location offers strategic access to supply chain and transport networks and is just 7 km from Berlin's BER airport. Proximity to freight centres and good connections – 2.2 km from the A117/A113 motorway junction, 40 minutes from Berlin city centre – provide optimal access to national and international transport routes.

Berlin is an established logistics market in Europe and one of the top real estate locations in Germany. The 3.8 million residents of the German capital are just a few minutes' drive from the property.

Max Moser, Vice President at Trammell Crow Company, said: ’As demand for high-quality and efficient logistics infrastructure in Germany continues to grow, this acquisition underscores our commitment to meeting that demand. This project exemplifies connectivity, sustainability and quality. Having worked so successfully with CBRE IM in other markets, we are excited by the opportunity to work with the team in Germany and to add another prime development to TCC's rapidly growing Central European presence.’

Sebastian Ehrhardt, Country Manager Germany and Head of Transactions DACH at CBRE IM, said: ‘The long-term fundamentals for the European logistics sector are extremely positive. This is particularly true for Germany, which benefits from its location at the centre of the European Union and a first-class infrastructure connecting it to the rest of the continent. The project we will realise together with Trammell Crow in Berlin is an excellent example of the type of high-quality and stable investment opportunities we are focusing on in the European logistics corridors.’

For further information about the growth industries, economic development, business and technology support for companies, investors and scientific institutions in the Airport Region Berlin Brandenburg please contact:

Sandra Koletzki ​​​​​​ | sandra.koletzki(at)airport-region.de

(Quelle: CBRE Investment Management, 11. September 2024 | "Trammell Crow Company und CBRE IM erwerben ein 38.500 m² großes Logistik-Grundstück in Berlin ")