Prologis said on Monday that it has leased 30,400 m[sup]2[/sup] of distribution space in southern Rome to the Italian supermarket chain Coop Italia. The leased space represents 100% of a new distribution facility that Prologis recently completed at its Park Anagni, where the company plans to serve its network of retail grocery outlets throughout the greater Rome metropolitan area. The warehouse is Prologis' first in Rome, and was developed using sustainable construction principles and a number of energy-efficient technologies.
Prologis said on Monday that it has leased 30,400 m2 of distribution space in southern Rome to the Italian supermarket chain Coop Italia. The leased space represents 100% of a new distribution facility that Prologis recently completed at its Park Anagni, where the company plans to serve its network of retail grocery outlets throughout the greater Rome metropolitan area. The warehouse is Prologis' first in Rome, and was developed using sustainable construction principles and a number of energy-efficient technologies.
'Demand for quality distribution space in southern Italy from the region's distributors and third-party logistics providers has grown steadily over the past several quarters. However, the warehousing property market in Rome is in its initial phases, resulting in pent-up demand for a limited supply of distribution space', said Ranald Hahn, Prologis managing director of southern Europe.
Prologis said it is currently pursuing acquisition opportunities throughout southern Rome and hopes to begin development of a second industrial park before the end of the year.
Prologis operates more than 730,500 m2 of distribution space in Italy, concentrated around the markets of Milan, Bologna, Padua and Turin. Current customers include Ceva Logistics, NYK, Geodis, ND Logistics and Indesit Group.
