Barcelona, Spain (September 20, 2023) – Realterm is pleased to announce a new five-year lease with DHL Parcel, S.L.U. at C. del Templer Guiu, 13, its highly functional, high flow through (HFT) transload facility in Palau, Barcelona, Spain.
The property is located in an established and prime logistics market along the ring of Barcelona. DHL benefits from an above average dock ratio property and excellent highway access which helps them increase their supply chain efficiency.
Highlights of the property include:
- 6,645 square meters of lettable area
- 29,267 square meters site area
- 63 loading positions on all four sides
- Multiple access points
- Full concrete yard
Realterm delivered the building to DHL after a complete modernization and sustainability refurbishment of the property, which included improvements featuring a new roof with solar panels, additional doors and levellers, LED lights, Cat A office upgrade and an energy level improvement to B level.
This facility is part of DHL’s parcel delivery network in the Barcelona area and operates alongside their parcel hub in CIM del Valles.
“We are very happy to continue our global partnership with DHL across air cargo, freight and parcel divisions. This new lease in Barcelona follows a similar project completed for DHL Freight Netherlands in Utrecht, where we also acquired and refurbished an existing property to meet occupier requirements for throughput efficiency and sustainability features,” commented Leonie Kierkels, Director of Asset Management, Europe at Realterm.
Realterm’s European closed-ended, value-added fund acquired this property in mid-2020 through an off-market opportunity.
