Periskop Logistics Leases 10,000-Sqm Logistics Facility in Bad Hersfeld to EDEKA Group Subsidiary
The Periskop Logistics Fund has signed a long-term lease agreement with LINOVAG LADENBAU GmbH for a newly constructed, ESG-compliant logistics property of approximately 10,000 square meters in Bad Hersfeld, Hesse. The facility is located at Berliner Straße 1 and represents the second new development on the site.
Strategic Logistics Site Expansion
The property is situated directly on the A4 motorway, providing access to major economic regions throughout Germany within three to four hours. Frankfurt am Main can be reached in approximately 1.5 hours. A bus stop adjacent to the property provides access to Bad Hersfeld's train station.
The development continues the strategic expansion of the site, which spans more than 200,000 square meters. Additional development potential remains available for future construction projects.
Tenant Agreement
Dr. Kilian Mahler, Managing Partner of Periskop Logistics GmbH, stated: "We are very pleased to have gained LINOVAG LADENBAU, a renowned and fast-growing company within the EDEKA Group, as a tenant for our Bad Hersfeld site. LINOVAG's commitment highlights both the attractiveness of the location and the long-term viability of sustainable logistics real estate."
Tenant Expands Regional Presence
LINOVAG LADENBAU GmbH, part of the EDEKA Group, is a system manufacturer in shopfitting. The company designs, manufactures, and implements customized retail interior concepts and product presentation systems, particularly for the grocery retail sector. The new facility will expand the company's existing site in Bad Hersfeld.
Fabian Metz, Managing Director of LINOVAG LADENBAU GmbH, commented: "The Bad Hersfeld location offers us the ideal combination of strategic logistics positioning, modern infrastructure, and a highly qualified regional workforce. We look forward to a strong partnership with Periskop Logistics and to taking the next step in our company's development."
Transaction Details
CBRE acted as the intermediary in the transaction. The lease agreement was signed on a long-term basis. Periskop Logistics GmbH indicated that interested companies may contact the firm directly regarding additional development opportunities at the Bad Hersfeld site.
Sources
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