Prologis Delivers 35,000 Square Metre Speculative Development At Parc du Hode in Le Havre
FOR IMMEDIATE RELEASE
- First speculative development in France by Prologis since 2011
- More than 50% of new building already leased
- On completion of third phase whole development will total more than 75 000 square metres
Paris (12 May 2016) – Prologis Inc., the global leader in logistics real estate, today announced the delivery of a new 35,000 square metre building at its Parc du Hode in Le Havre.
This facility, which was developed speculatively, is the second phase of development at Le Havre and follows the delivery of a 17,000 square metre built-to-suit building for Cedilec, a subsidiary of Mouvement Leclerc.
Split into six units of around 5,600 square metres each, the facility was already approximately 50 percent leased to two major logistics companies before delivery. Equipped with 37 dock doors, NFPA sprinklers and TS lighting, it provides energy metering unit per unit and occupant per occupant. It will receive a BREEAM “Good” sustainability rating, which will make it one of the first buildings to benefit from this certification in the local market.
On completion, the full development will provide the largest amount of Class-A logistics space in the port of Le Havre’s industrial zone, with more than 75,000 square metres.
Cécile Tricault, Country Manager France, Prologis, declared: “We are proud to support the development of the port of Le Havre and to continue supporting existing customers and attracting new customers, because of the suitability of our offer. The leasing transactions with Schenker and GCA, while the building was being developed, reinforce our investment strategy and the quality of our buildings.”
Prologis Park Le Hode at Le Havre is ideally located along the A131 motorway (Paris – Le Havre via A13) within the port of Le Havre’s industrial zone and close to the Normandy Bridge (A29). It comprises 250,000 square metres of Class-A logistics space and has the potential for up to 315,000 square metres of new development.
Prologis, Inc. is the global leader in logistics real estate with a focus on high-barrier, high-growth markets. As of March 31, 2016, the company owned or had investments in, on a wholly owned basis or through co-investment ventures, properties and development projects expected to total approximately 62 million square meters in 20 countries. Prologis leases modern distribution facilities to a diverse base of approximately 5,200 customers across two major categories: business-to-business and retail/online fulfillment.
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