Palmira Capital Partners (Palmira) has acquired a new logistics building with a lettable space of approximately 18,000 sq m in Esselbach, Bavaria, located on the A3 between the Rhine-Main and Nuremberg/Würzburg metropolitan regions.
The seller is Westarp KG. The parties have agreed not to disclose the purchase price.
The occupants of the property at Am Bärnroth 7 are Waldaschaff Lingyun Industrial, part of the Lingyun Industrial Group Co. Ltd, a leading supplier to the Chinese automotive industry, and the logistics company Teamlog.
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