{"id":1004421412,"date":"2020-04-21T04:47:18","date_gmt":"2020-04-21T12:47:18","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004421412"},"modified":"2020-04-21T07:07:14","modified_gmt":"2020-04-21T15:07:14","slug":"cbre-global-acquires-airport-warehouse-in-copenhagen","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/cbre-global-acquires-airport-warehouse-in-copenhagen\/","title":{"rendered":"CBRE Global Investors Acquires Airport Warehouse in Copenhagen"},"content":{"rendered":"
\"\"

Warehouse at Copenhagen Airport. Image courtesy of CBRE Global Investors<\/em><\/p><\/div>\n

CBRE Global Investors has expanded its portfolio of industrial properties in Copenhagen Airport in its latest sale-leaseback transaction. The real assets investment management firm purchased a warehouse distribution center on behalf of a separate account client from Worldwide Flight Services Denmark.<\/p>\n

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READ ALSO:<\/strong> 144 KSF Industrial Sale-Leaseback Closes in Metro Atlanta<\/a><\/p>\n

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The 35,400-square-meter (381,000-square-foot) industrial property offers approximately 11,700 square meters (126,000 square feet) of leasable space. The property was designed as two cross-dock buildings with a newly constructed interlinked cold storage for pharmaceutical products. The warehouse has direct access to the airport\u2019s runways and air cargo area and also includes a three-story office building and parking for 60 cars.<\/p>\n

WFS will remain the tenant of the property and continue operations as the main cargo handler at Copenhagen Airport, focusing on business-to-business operations. The cargo company plans to expand the facility with a new 3,700-square-meter (40,000-square-foot) maximum cross-dock in the next three years to meet demand, as Greater Copenhagen is known as northern Europe\u2019s hub for pharmaceutical logistics.<\/p>\n

Growing in Europe<\/strong><\/h2>\n

For CBRE Global, the airport warehouse fits its portfolio strategy of expanding its logistics acquisitions in main European hotspots. In 2015, the firm acquired the adjacent property in Copenhagen Airport that is fully leased to FedEx.<\/p>\n

In addition to its Copenhagen Airport properties, CBRE Global has been acquiring commercial properties of various vintages throughout Europe. In late March, the firm acquired a 1.3 million-square-foot Italian logistics portfolio<\/a> in an off-market transaction from Techbau. A week later, CBRE Global purchased a historic 64,600-square-foot office property in Amsterdam<\/a>, marking its second office purchase in Amsterdam in the last six months.<\/p>\n","protected":false},"excerpt":{"rendered":"

Worldwide Flight Services Denmark sold its distribution center in a sale-leaseback transaction. <\/p>\n","protected":false},"author":883,"featured_media":1004421421,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21743,21748,16,21783,21742],"tags":[35095],"class_list":["post-1004421412","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-deals","category-industrial","category-international","category-investment","category-latest","tag-cbre-global-investors"],"acf":[],"yoast_head":"\nCBRE Global Investors Acquires Airport Warehouse in Copenhagen - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/cbre-global-acquires-airport-warehouse-in-copenhagen\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"CBRE Global Investors Acquires Airport Warehouse in Copenhagen\" \/>\n<meta property=\"og:description\" content=\"Worldwide Flight Services Denmark sold its distribution center in a sale-leaseback transaction.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/cbre-global-acquires-airport-warehouse-in-copenhagen\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2020-04-21T12:47:18+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2020-04-21T15:07:14+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/04\/Warehouse-at-Copenhagen-Airport.-Image-courtesy-of-CBRE-Global-Investors.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"800\" \/>\n\t<meta property=\"og:image:height\" content=\"620\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Jackson Chen\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/cbre-global-acquires-airport-warehouse-in-copenhagen\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/cbre-global-acquires-airport-warehouse-in-copenhagen\/\",\"name\":\"CBRE Global Investors Acquires Airport Warehouse in Copenhagen - 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