December 14, 2015

Prologis leases 152,000 sqm in Prague

Prologis leases 152,000 sqm in Prague

Prologis has signed two lease agreements totaling 152,560 sqm at Prologis Park Prague-Jirny. The transactions include:

106,00 sqm renewal and 31,000 sqm expansion at Prologis Park Prague-Jirny with DHL, an international logistics services provider; 9,760 sqm renewal and 5,800 sqm expansion at Prologis Park Prague-Jirny with LGI, an international logistics services provider. The 108 real estate agency acted as the broker in the transaction.

“Demand from both new and existing customers at Prologis Park Prague-Jirny continues to be very strong, which is reflected in the park being 100 percent occupied and the spectacular customer retention rate also being 100 percent,” said Pavlina Plaskova, leasing manager, Prologis Czech Republic. “Our priority remains the optimization of our customers’ operations, and the location of this park provides an ideal platform for us to meet and exceed their expectations.”

Prologis Park Prague-Jirny is a state-of-the-art distribution park, currently comprising 266,000 sqm of distribution space with an additional 28,830 sqm build-to-suit facility under construction for Globus. The park is located 8 kilometres east of the Prague city border with direct access to the D11 motorway, enabling efficient distribution to local markets and onto neighbouring countries.

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