Prologis Signs 6,100 Square Metre Lease Agreement with Conforama in Madrid
Madrid, 17 July 2018 - Prologis Inc., the global leader in logistics real estate, today announced it has signed a lease agreement with Conforama, a leading European retailer in home equipment, for a 6,100 square metre building at Prologis Park Alcalá.
Located in Corredor de Henares, the country’s main logistics centre, Prologis Park Alcala is a strategic choice for Conforama. The location is only 26 kilometres from the centre of Madrid, at Alcalá de Henares. It has direct accesses to the M-100, A-2 and R-2 motorways and is near the M-40 and M-45 for a quick connection to the Madrid-Barajas airport.
The most modern park in its category
The park is set in a natural open environment and has the highest standard of logistics buildings available on the Madrid market (any precise label to cite?). It features wide roads, operating spaces, green zones, top storage and merchandise distribution facilities. Customers also benefit from high-quality maintenance services that focus on convenience and flexibility.
“Prologis Park Alcalá provides an accessible location for Conforama to consolidate its operations and grow further in the Spanish market,” explains Gustavo Cardozo, country manager, Prologis Iberia. “This lease shows that strategic positioning, a high standard of services and excellent quality-to-price ratios are compelling factors for our customers.” Real estate agency consultant Savills Aguirre Newman advised on the transaction.
Prologis, Inc. is the global leader in logistics real estate with a focus on high-barrier, high-growth markets. As of March 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 683 million square feet (63 million square meters) in 19 countries. Prologis leases modern distribution facilities to a diverse base of approximately 5,000 customers across two major categories: business-to-business and retail/online fulfillment.
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