ProLogis signs new leases with DHL in Europe
ProLogis announced today that it has signed new lease agreements for more than 858,000 square feet (79,700 square meters) of distribution space in Europe with DHL Exel Supply Chain, a leading global provider of third-party logistics services and subsidiary of the Deutsche Post World Net group.
“DHL is ProLogis’ largest global customer, and we are pleased to be further expanding our relationship with the company in Europe,” said Gary E. Anderson, president for ProLogis in Europe. “At the end of 2007, ProLogis had agreements in place for more than 7.8 million square feet (725,000 square meters) of space with DHL in 10 European countries. We believe today’s announcement is a strong indication of the depth of our customer relationships and unmatched ability to serve their unique supply chain requirements.”
Among the new transactions include:
— 420,000 square feet (39,000 square meters) leased in a facility under
construction at ProLogis Park Tarancon near Madrid, Spain.
— 247,500 square feet (23,000 square meters) leased in a new,
915,000-square-foot (85,000-square-meter) industrial park ProLogis is
developing near the city of Jonkoping, a major distribution hub in
Sweden.
— 190,500 square feet (17,700 square meters) leased at ProLogis Park
Venlo III, a new 484,000-square-foot (45,000-square-meter) industrial
park located in the city of Venlo, less than five kilometers from the
German border.
ProLogis is currently one of the largest providers of distribution space in Europe with more than 101 million square feet owned, managed or under development, as of September 30, 2007.
ProLogis announced today that it has signed new lease agreements for more than 858,000 square feet (79,700 square meters) of distribution space in Europe with DHL Exel Supply Chain, a leading global provider of third-party logistics services and subsidiary of the Deutsche Post World Net group.
“DHL is ProLogis’ largest global customer, and we are pleased to be further expanding our relationship with the company in Europe,” said Gary E. Anderson, president for ProLogis in Europe. “At the end of 2007, ProLogis had agreements in place for more than 7.8 million square feet (725,000 square meters) of space with DHL in 10 European countries. We believe today’s announcement is a strong indication of the depth of our customer relationships and unmatched ability to serve their unique supply chain requirements.”
Among the new transactions include:
— 420,000 square feet (39,000 square meters) leased in a facility under
construction at ProLogis Park Tarancon near Madrid, Spain.
— 247,500 square feet (23,000 square meters) leased in a new,
915,000-square-foot (85,000-square-meter) industrial park ProLogis is
developing near the city of Jonkoping, a major distribution hub in
Sweden.
— 190,500 square feet (17,700 square meters) leased at ProLogis Park
Venlo III, a new 484,000-square-foot (45,000-square-meter) industrial
park located in the city of Venlo, less than five kilometers from the
German border.
ProLogis is currently one of the largest providers of distribution space in Europe with more than 101 million square feet owned, managed or under development, as of September 30, 2007.
