The Asset is a freehold, light industrial / logistics asset made up of two buildings with a 44,644 sqm net lettable area on a 74,533 sqm site. Its specification standard is close to the modern grade A warehouse, with a ceiling height of 8.5 metres, 12 loading doors and a large car park with approximately 360 public and private parking spaces. The office, showroom and staff amenities total 16.5% of the net lettable area, split over 2 levels. It is currently occupied by Bialetti Industrie SpA, a leading Italian coffee and houseware products group, on a long-term 12-year lease agreement.
The asset is located in the city of Brescia, approximately 72 kilometres east of Milan within one of the leading Italian light industrial / logistics hubs in Coccaglio, Lombardy, Italy’s wealthiest and most industrialised region. It is well served by several critical logistics corridors in Italy, including the A4 highway, A35 and also sits within the strategic broader Trans European Transport Network Mediterranean corridor running from Spain to Eastern Europe.