Crossbay has strategically expanded its urban logistics portfolio in France through the acquisition of 13 assets, including a significant sale-and-leaseback transaction with CEVA Logistics, totaling approximately 110,000 sq. m.

Target Information

Crossbay, a prominent urban logistics strategy managed by MARK Capital Management, has significantly expanded its holdings in France throughout 2025. The firm has focused on acquiring high-quality urban logistics assets, building a portfolio that now encompasses over 150,000 sq. m. in the French market. The most notable recent transaction is a sale-and-leaseback arrangement involving nine assets totaling 37,900 square meters, acquired from the renowned global third-party logistics provider, CEVA Logistics.

This acquisition includes properties that are all secured on nine-year leases. Strategically located in established industrial and logistics hubs near major French cities such as Marseille and Bordeaux, these assets are expected to contribute robust long-term income to Crossbay's portfolio.

Industry Overview in France

The logistics sector in France has been experiencing a remarkable transformation, particularly within urban areas where consumer demand and e-commerce growth have surged. This has h