Fairway advised Crossbay on the environmental aspects of its acquisition from Ivanhoe Cambrige of a 16,200 m2 warehouse in the industrial zone of Goussainville (95), a “leading” logistics hub near Roissy Charles de Gaulle airport.
The asset was acquired vacant and will be marketed to users specialized in last-mile logistics. It joins Crossbay’s second portfolio, totalling around 400,000 m2 to date, comprising assets in the UK, Germany, Spain, Italy and the Netherlands, where a prime asset was acquired earlier in September. Crossbay will undertake a complete renovation of the site, built in 2000. The program of works will include the installation of charging stations for electric vehicles, the replacement of existing lighting with LEDs and the installation of photovoltaic panels on the roof. The assets will also be modernized, enabling them to meet users’ technical requirements.