Stone is a logistics warehouse of approximately 68,000 sqm divisible from 7,500 sqm units offering high specifications with free heights of 14 meters, sprinkler system at ceiling and rack level, and a wide range of classified certifications.
Located in Savigny-le-Temple, south of the Paris Region, Stone is connected to a main logistics transport axis (A5 and A6 motorways).
Stone was acquired vacant. The implementation of a Capex program for upgrade, division and ICPE requalification, together with an active marketing has led to the leasing up of 100% of the space to 5 tenants in 12 months.
The asset has been sold in January 2020 to a German institutional investor (Patrizia).