Intelligent Real Estate Investments - Hines

Villaverde, acquired by the Hines Pan-European Core Fund in 2020, is a modern urban logistics park occupied by a single tenant. Located within Madrid's ring road (M45), the property is about 10 kilometers from the center of Madrid. The logistics park comprises a site extending to 286,300 square feet (26,605 square meters) occupied by two units extending to a total NRA of 188,000 square feet (17,474 square meters).

Villaverde Logistics will serve as Ontime‚Äôs Spanish headquarters campus and comprises two units. Unit 1 is an existing multi-level last-mile logistics warehouse and Unit 2 is a purpose-built cross dock warehouse.

Address

  • Avd. Marconi, 2, Madrid, Spain

Location

  • Within Madrid's Ring Road (M45) and approximately 6 miles (10 km) from the city center

Building Details

  • 188,000 square feet

Major Tenants

  • Ontime Logistics