AB Alternative SICAV-SIF, a real estate investment fund based in Luxembourg, has sold Scotch & Soda its warehouse and headquarter, located at the Jacobus Spijkerdreef 20-24 in Hoofddorp, through its Asset Manager Savills Investment Management.
The property was constructed as a real eye-catcher on a built to suit basis back in 2009 and comprises a total lettable floor area of 9,514 sq m including a multi-layer warehouse, high quality office space and a showroom area. The total lettable floor area is divided among warehouse space high of 1,913 sq m, warehouse space low of 3,246 sq m, mezzanine of 2,166 sq m and office/ showroom space of 2,189 sq m. The property comprises one plot of land of 8,959 sq m held in freehold. The clear height of the warehouse section is 8 meters and it has a floor load capacity of 2,000 kg/sq m. The floor load capacity for the mezzanine space is 500 kg/sq m. To maximize the plot usage, there is a large parking area situated on top of the asset making room for 65 parking spaces. Additionally, 80 parking spaces are situated on the terrain at the north-west and southern part of the building.
The property is located on business park “De President”, a multimodal business park alongside the A4 motorway and in close vicinity to Schiphol Airport. As part of the greater Amsterdam region the area has a great attraction to multiple international occupiers and is therefore an ideal location for an international brand such as Scotch & Soda.
Buyer was advised by Loyens & Loeff (legal) and 3Stone Real Estate (commercial). Savills Investment Management was advised by HVG Law (legal) and Cushman & Wakefield Nederland (commercial).