ProLogis leases more than 641,000 Square Feet in Southern Poland
24 Jul '06
3 min read
-- 144,000 square feet (13,400 square meters) leased to Reporter, a Polish clothing company, in the first quarter. Reporter will use the new facility for storage and distribution to markets in Poland, the Czech Republic, Slovakia and the Baltic countries.
Also, ProLogis announced it has leased 133,000 square feet (12,400 square meters) to Tesco, a global retailer of consumer products based in the United Kingdom. Tesco has leased the space at ProLogis Park Teresin, a 1.7 million-square-foot (160,000-square-meter) park the company operates outside Warsaw. Three years ago, Tesco acquired a 409,000-square-foot (38,000-square-meter) building from ProLogis at the same location. It also leases space from ProLogis in the Czech Republic and the United Kingdom.
ProLogis is Poland's largest provider of industrial space with a total platform of more than 8.5 million square feet (788,000 square meters) of existing space owned, managed or under development, concentrated in Warsaw, Central Poland, Poznan and the Silesia Region.
ProLogis is a leading provider of distribution facilities and services with 388.6 million square feet (36.1 million square meters) in 2,337 properties owned, managed and under development in 79 markets in North America, Europe and Asia as of March 31, 2006. It continues to expand the industry's first and largest global network of distribution facilities with the objective of building shareholder value.
marketing@alchempro.com
