Das Logistics & Industrial Services Team of international real estate consultancy firm Cushman & Wakefield (C&W) has let 4,165 square metres of hall and office area at Bornbarch 2-12 in Norderstedt, north of Hamburg. The owner of the property is Ashtrom Properties.
VSE Aviation Germany GmbH will be the new occupant of the 3,765 sq m logistics hall and the immediately adjacent 400 sq m of office space. The internationally active company specialises in the trading and distribution of aircraft components, in particular turbine parts. It will move into the new space, where the office area is currently being remodelled for the tenant, before the end of this year. VSE Aviation GmbH exclusively commissioned C&W with the search for a suitable property for its first German location.
The proximity to Hamburg Airport was a decisive factor in the decision to lease the property. With its direct connection to Helmut Schmidt Airport, Norderstedt is one of the most attractive business locations in the Hamburg metropolitan region and a submarket with very low availability. Nevertheless, C&W succeeded in finding a suitable space within a short space of time.