Logicor Acquires Two Last Mile Properties To Be Redeveloped In Le Blanc-Mesnil

December 07, 2023 |

Logicor, a leading owner, manager, and developer of European logistics real estate, strengthens its presence in the key French market of Le Blanc-Mesnil (Seine-Saint-Denis), North-East of Paris, with the acquisition of two urban logistics assets.

Logicor has acquired two warehouses from Soldis, totaling nearly 7,500 m² and located in the heart of the industrial zone of Le Coudray in Le Blanc-Mesnil, within a logistics and business hub accessible by public transport. They are strategically located between the A1, A3, and A86 highways, less than 10 km from the Paris-Charles de Gaulle and Paris-Le Bourget airports. Built in 1975 and 1977, these single-user buildings, measuring c.2,500 m² and c.4,900 m², each have independent access and office spaces.

Both assets will be redeveloped to high sustainability standards. Planned improvements include structural reinforcement, facade and roof refurbishment, office renovation, and the installation of LED lighting, with the goal of obtaining BREEAM Very Good certification.

Construction is set to begin in January 2024, with delivery expected in the second half of the year.

This acquisition is a great example of how we are expanding our footprint in key locations where we know demand continues to outstrip supply and how we are improving the sustainability of our real estate. We also capitalize on an excellent location at the northern entrance of Paris and in close proximity to our flagship asset, Garonor. In the long term, these redeveloped buildings will be accessible to the employees of our future clients from the new Blanc Mesnil station on the Grand Paris Express Line 16.”

Laurent Dubos

Country Manager of Logicor France

Logicor is one of the largest owners and operators of modern logistics and distribution properties in Europe. As at 30 June 2023, we own a portfolio of 591 high-quality properties with a lettable area of 20 million square metres located in key European logistics markets. Logicor is headquartered in London and Luxembourg.

Service de presse - Logicor France :

Agence Treize Cent Treize
Lou Girault-Solal / Aurélie Caron / Alain N’Dong
Tél. : 01 53 17 97 13
E-mail : [email protected]

Logicor France
Sophie Aldbais-Houdoux
Responsable Communication & Marketing Tél. : 07 89 48 71 74
E-mail : [email protected]