Prologis leases 14,300 m[sup]2[/sup] in the Czech Republic

Prologis announced on Thursday that it has leased 14,300 m² of newly developed distribution space in the Czech Republic during the third quarter to Geis Logistics, a full-service, global logistics company.

Geis Logistics will take the space in Building Two at ProLogis Park Ostrava, a logistics park located 14 kilometres west of the Ostrava city centre.

'The Moravian region of the Czech Republic is an important location for the Geis Group,' Johannes Sollner, managing director for Geis Holding, said. 'Our new state-of-the-art facility in ProLogis Park Ostrava will serve both as a central warehouse for our operations in the Czech Republic and Slovakia, and a gateway to the Eastern European markets.'

Prologis Park Ostrava comprises two buildings with a combined 66,000 m² of warehouse and office space. Other Prologis customers at the park include Richter + Frenzel and In Time Spedice. Prologis' portfolio in the Czech Republic includes six distribution parks with a total of 605,000 m² of distribution space owned, managed or under development.