The Portuguese company Climasun has completed the acquisition of a warehouse in the Seixal industrial estate, in the parish of Paio Pires. The property, which belonged to Colares Capital, covers approximately 4,200 sqm, has six loading bays and a ceiling height of between 6 and 9 metres.
Cushman & Wakefield and CBRE were responsible for the sale. The figures involved in the transaction were not disclosed.
Climasun, a climate control and air conditioning equipment company based in Porto, was looking for another distribution point in the central or southern part of the country.
“We are very pleased to have found a solution that benefits both the buyer and the seller, and even more so because both are Portuguese companies. The south bank area, and more specifically Seixal, offers excellent business opportunities in the industrial and logistics sectors, and it is our role to find the best solutions for those seeking opportunities in this part of the country,” said Francisco Quintanicho, Consultant in the Industrial and Logistics department at C&W in Portugal.
“The swift identification of an alternative aligned with the owner’s objectives, combined with our multidisciplinary approach, enabled us to find a final occupier within a few months and deliver an efficient and advantageous solution for all parties involved,” added Nuno Torcato, Industrial & Logistics Leasing Director at CBRE Portugal.