The former industrial site in Heilbronn is about to be repositioned into a modern, multifunctional campus and was sold to an industrial owner-occupier during the development phase.
BEOS, part of Swiss Life Asset Managers, has sold the partially revitalised "PIRO Heilbronn" commercial site to an industrial company in the technology and security sector. The sale underlines the ability to successfully complete demanding repositioning even in a challenging market environment and to provide needs-based commercial space for high-growth industries.
The site in the south of Heilbronn offers modern, flexibly usable space in an infrastructurally strong location. It comprises around 21,000 m² of usable space on a plot of around 15,000 m² and is located in the immediate vicinity of the university campus in Heilbronn Sontheim. The existing buildings have been consistently and sustainably developed into a multifunctional campus for storage, production, research, office and service uses.
"The sale shows that we are consistently driving forward repositioning even in a challenging market environment and providing market-driven solutions," says Daniel Schäfer, Head Real Estate Development Light Industrial & Commercial, Stuttgart Region. "The fact that our property 'PIRO Heilbronn' found a buyer during the development phase confirms the quality of our approach and the attractiveness of the location."
Selected construction measures will be completed in the coming months. The buyer will then take over the further expansion work for the final uses.
Within Swiss Life Asset Managers, BEOS specialises in the development and management of complex corporate real estate. The focus is on modern research and commercial locations in German metropolitan regions.
