Prologis, the global owner, operator and developer of industrial real estate. has signed a new lease covering 16,300 m[sup]2[/sup] with a logistics provider specialising in returnable and reusable packaging at Prologis Park Massalavés in Valencia, Spain.
Prologis, the global owner, operator and developer of industrial real estate. has signed a new lease covering 16,300 m2 with a logistics provider specialising in returnable and reusable packaging at Prologis Park Massalavés in Valencia, Spain.
Under the 10-year leasing agreement, the repeat Prologis customer will consolidate its operations from three distribution centres in the east of Spain under one roof at the park in an effort to streamline processes, improve efficiency and reduce operating costs.
Prologis Park Massalavés is located 35 kilometres south of Valencia and has direct access to Highway AP-7 which runs between Valencia and Barcelona in the north, and Alicante and Malaga in the south.
