Logistics warehouse with a total built area of c.65,000 sqm located in Malpica Industrial Estate
The asset is located in Malpica, just 15 km east of Zaragoza city center benefitting from extensive modern roads and infrastructures, and with direct access to the Barcelona A-2 corridor
Kefren Capital Real Estate (KCRE) acquired this warehouse in February 2021, being their first investment in 2021.
The asset was built in six different phases over a total plot area of 101,599 sqm and comprises c. 65,000 sqm of Gross Lettable Area (GLA). Currently, 95% of the area is let with a WAULB of 5.85 years to tenants exposed to different sectors with strong macro tailwinds (manufacturing, third party logistics and pharma).
Regarding technical specifications, the property has 40 loading docks and a free height between 8 and 13 meters. Additionally, four phases are type B and the remaining two are Type C.