Byeolnae ONE Logistics Center, located near Seoul in the highly sought after Namyangju City.
· Excellent location to serve as a last-mile logistics center with great accessibility to the north-eastern SCA and Gangnam via the Seoul Metropolitan Area 1st ring Expressway and Sejong-Pocheon Expressway.
· Grade A last-mile logistics center with a GFA of 48,921.2 m² (14,798.7 py), expected to be completed in Q4 2023.
· Ease of securing warehouse staff as the Property is located near a residential district and subway station.
· Potential rent and value upside as the lower floor of the Property is designed to easily convert from dry to cold storage.