Prologis Park Barajas Fully Leased
Madrid, 20 February 2019
Prologis, the global leader in logistics real estate, today announced it has signed two new lease agreements at Prologis Park Barajas.
The leases are with gourmet catering company DO&CO (9,800 square meters) and transport specialist Transemer (2,720 square meters). The logistics park is now 100-percent occupied.
Both companies selected Prologis Park Barajas for its extensive parking capacity and strategic location with direct access to the Madrid-Barajas Airport and the city center.
Prologis Park Barajas, with 41,480 square meters of distribution facilities, is equipped with 24-hour surveillance and access control, a ten-meter interior clearance height, six loading docks per unit and a modern fire detection and extinguishing system.
“Prologis Park Barajas is now fully occupied,” says Gustavo Cardozo, senior vice president, Prologis Iberia. The park has easy access to the Madrid highway network, and Madrid-Barajas Airport is just 500 meters away. We welcome these new lease agreements and are pleased that DO&CO and Transemer have decided to develop their Spanish operations from Barajas.”
Prologis, Inc. is the global leader in logistics real estate with a focus on high-barrier, high-growth markets. As of December 31, 2018, the company owned or had investments in, on a wholly owned basis or through co-investment ventures, properties and development projects expected to total approximately 768 million square feet (71 million square meters) in 19 countries. Prologis leases modern distribution facilities to a diverse base of approximately 5,100 customers across two major categories: business-to-business and retail/online fulfilment.