WP Carey partners with Borghese to expand Port of Rotterdam

WP Carey Nippon Rotterdam

WP Carey has entered into an agreement with private developer Borghese Logistics Participaties II to expand a logistics facility in the Port of Rotterdam, in the Netherlands.

The expansion of the facility, which is leased to Nippon Express Nederland on a 10-year term with annual CPI rent escalations, will provide 350,903 sq ft of additional floorspace.

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