International logistics property operator Prologis said on Tuesday it has signed a new lease for more than 15,000 m[sup]2[/sup] of recently completed warehouse space near Munich to Simon Hegele, a global provider of third-party logistics services.
International logistics property operator Prologis said on Tuesday it has signed a new lease for more than 15,000 m2 of recently completed warehouse space near Munich to Simon Hegele, a global provider of third-party logistics services.
Hegele's new facility is located at Prologis Park Munich, a state-of-the-art distribution park located on Munich's A92 highway between downtown Munich and Munich International Airport. The park comprises four buildings totalling more than one million square feet of space. Besides Simon Hegele, tenants include Hellmann Worldwide Logistics, Dachser and DSV.
In addition to the Munich facility, Hegele leases more than 4,800 m2 from Prologis at Prologis Park Frankfurt in central Germany.
Throughout Germany, ProLogis owns or manages approximately 1.37 million m2 across five markets.
