Henley 360 acquires Business Center North West in Rotterdam.
Henley 360 507 B.V. acquired the complex located at the Sheffieldstraat, Stuttgartstraat, Corkstraat in Rotterdam from Homco Realty Fund (113) LP. The property also referred to as Business Center North West is located in business area Rotterdam North-West. The complex comprises 14,430 sqm in total, of which 6,703 sqm of industrial space is located on the ground floor and 7,727 sqm of office space is divided over the ground floor and 3 upper floors. There are 110 parking spaces on the parking deck and 50 parking spaces around the building. Business Center North West is let for approximately 80%.
Henley 360 is a specialized asset management organization with a focus on the European office and industry sector. They have 20 years of experience in the sector. They have successfully developed 48 innovative mixed business parks in Great Britain and Europe. During this transaction TREC acted as commercial advisor on behalf of Henley 360 507 B.V., together with NautaDutilh as legal adviser. Cushman & Wakefield acted as sales adviser and Loyens & Loeff as legal advisor on behalf of the seller of the property.