BEOS, part of Swiss Life Asset Managers, has sold the partially revitalised commercial site “PIRO Heilbronn” to an industrial end user operating in the technology and security sector. The transaction was concluded while the project was still in its development phase and follows the ongoing repositioning of the former industrial property into a multifunctional commercial campus.
Located in the southern part of Heilbronn, the site comprises approximately 21,000 sq m of usable space on a plot of around 15,000 sq m and benefits from proximity to the Heilbronn Sontheim university campus and established transport infrastructure. The existing buildings have been progressively redeveloped to accommodate a mix of storage, production, research, office and service functions.
According to BEOS, the sale reflects continued investor and occupier interest in adaptable commercial space despite a more cautious market environment. Daniel Schäfer, Head of Real Estate Development Light Industrial & Commercial for the Stuttgart region, said the transaction demonstrates demand for repositioned assets and confirms the appeal of the location and development concept.
Selected construction works are scheduled to be completed in the coming months, after which the buyer will assume responsibility for the final expansion and fit-out of the premises in line with its operational requirements.
BEOS focuses on the development and management of complex commercial properties within the Swiss Life Asset Managers platform, with an emphasis on research and light industrial locations across major German metropolitan regions.