Proequity and Colliers fully commercialise a 10,000 sqm logistics platform of DeA Capital Real Estate Iberia in just 6 months

• Owned by DeA Capital Real Estate Iberia, Smartee rents the fourth and last available module, with a surface area of 2,400 sqm.

• The asset has a BREEAM Very Good sustainability certificate.

   

Madrid, August 2, 2023. Proequity, a leading real estate consulting firm in co-exclusive partnership with Colliers, a global leader in real estate investment management and advisory services, is advising DeA Capital Real Estate Iberia on the lease of a module of a last-mile logistics platform in Villaverde, located within the first ring of Madrid and 11 km from the city centre.

On a 14,627sqm plot, DeA Capital Real Estate Iberia has a logistics platform of approximately 10,000sqm, divided into 4 modules, which has the BREEAM Very Good sustainability certificate.

With this, the lease of a 2,400 sqm module has been formalised with the co-exclusive advice of both consultancy firms. The new tenant is Smartee, a company specialising in the manufacture of dental prostheses. In this new location, the British company will carry out part of its industrial activity.

After this operation, the park has reached 100% occupancy in only 6 months. In February, Recalvi and Pick & Pack rented the two initial modules with a surface area of 2,338 and 2,318 sqm respectively, and in May, the third space was rented with a surface area of 2,400 sqm. Unlike the fourth module, the first three are intended for the logistics activities of the tenant companies.  

The platform, Class A with high technical standards and ESG criteria, is located in Villaverde, one of the most sought-after locations fore-commerce and capillary distribution operators due to its excellent connections to the capital's main roads A-42, M-40, M-45 /A-4, Av. de Andalucía and only 25 minutes from the airport.

“The reception of this asset has been very positive in the market. We are very pleased to be able to offer the sector these modern and energy-efficient facilities, thus contributing to the renewal of the Spanish logistics park”, explains Marian Pereira Head of Asset Management at DeA Capital Real Estate Iberia.

"This hall has attracted the interest of many companies. A sign of this is the speed with which the leases have been closed, in just 6 months we have managed to rent the entire platform," he explains. Roberto Fernandez, Head of Industrial & Logistic Leasing at ProEquity, "this shows the importance of logistics assets in Madrid, a territory that is becoming increasingly important in new operations", concludes.

“The successful commercialisation of DeA Villaverde Last Mile consolidates Villaverde as one of the main logistics hubs for last mile distribution within the city of Madrid ” explains Juan Ramón Ramírez, Associate Director of Industrial & Logistics at Colliers.