Garbe Industrial fully leases new logistics property in Leipheim before completion

Garbe Industrial has fully leased a newly developed commercial property in Leipheim, Bavaria, shortly before its completion. The approximately 11,900 sq m facility has been leased to a technology group and forms part of a joint venture between Garbe Industrial and Logicenters, the logistics platform owned by Urban Partners.

The lease covers around 11,200 sq m of warehouse space together with nearly 700 sq m of office and social areas. The property includes ten loading bays, a ground-level loading door, parking for 40 cars and two trucks, and has been developed in line with current ESG standards with the aim of achieving DGNB Gold certification.

Mehmed Muhić, Regional Head South/Development at Garbe Industrial, said securing a tenant before completion demonstrates continued demand for well-located, high-quality logistics properties despite the broader economic environment. He also highlighted the role of local authorities, noting that the building permit was issued in less than three months, providing greater planning certainty and enabling faster project delivery.

Wolfgang Ködel, Managing Director and Head of Real Estate Germany at Urban Partners, said the project reflects Logicenters’ strategy of developing modern logistics facilities in strategically located markets. He added that pre-leasing the property confirms the continued demand for functional, specification-driven logistics space.

The development was built on a brownfield site that previously formed part of a military airbase. Following the conversion of the former airfield into the 112-hectare Areal Pro industrial estate, Garbe Industrial and Logicenters acquired the approximately 20,000 sq m site in autumn 2024. Existing structures, including a 30-metre chimney, were demolished before construction began in the second quarter of 2025. The partners invested around €17 million in the project.

Leipheim is located around 30 kilometres northeast of Ulm, with direct access to the A8 motorway, linking the site to Stuttgart, Augsburg and Munich. The nearby A7 motorway provides connections along one of Germany’s principal north-south transport corridors.

The leasing transaction was brokered by BNP Paribas Real Estate.