ProLogis Completes Three Lease Agreements with DHL in Europe

  • Posted on 27 July 2009

ProLogis has announced three transactions in Europe with DHL Supply Chain. Phillip Dunne, president for ProLogis in Europe says, "We believe that the announcement is a strong indication of the depth of our customer relationships and ability to serve their unique supply chain requirements in the right locations across the globe.” DHL now occupies 11.7 million square feet (1.09 million square meters) of ProLogis distribution space worldwide.

"In this competitive environment, the ability to deliver compelling real estate solutions is becoming increasingly important," said Paul Graham, development director for DHL Supply Chain EMEA.

Among the transactions are:

- A 67,800-square-foot (6,300-square-meter) lease agreement of newly developed distribution space at ProLogis Park Wroclaw III near Wroclaw, Poland. The four-building, 1.4 million-square-foot (135,000-square-meter) park is located close to the A4 motorway and is adjacent to the Wroclaw-Strachowice International Airport.

- A lease extension totaling 148,000 square feet (13,800 square meters) at ProLogis Park Jonkoping, located in the city of Jonkoping, a major distribution hub in Sweden. DHL will occupy this distribution space in addition to the 310,000 square feet (28,800 square meters) it already occupies at the facility.

- A lease extension totaling 48,400 square feet (4,500 square meters) at ProLogis Park Sochaczew, near Warsaw, Poland. As a result of this transaction, DHL will fully occupy Building Six at the park, for a total of 172,000 square feet (16,000 square meters). ProLogis Park Sochaczew comprises six buildings totaling 1.1 million square feet (100,000 square meters). The park features rail siding, enabling customers to take advantage of the benefits of intermodal cargo transportation.

Prologis, www.prologis.com