Property Types Industrial
May 21, 2009
Industrial property REIT ProLogis has signed two new lease agreements for more than 127,000 square feet of recently developed space at distribution parks in northern Germany. In the first lease, Volkswagen Original Spare Parts Logistics inked a 78,000-square-foot lease at a new facility within ProLogis Park Cologne Eifeltor, just outside of Cologne. In the second deal, KfH Logistics, the distribution arm of dialysis and kidney transplant services provider KfH, signed a lease for more than 49,000 square feet at ProLogis Park Alzenau, which is now fully leased. KfH is relocating to Alzenau from a nearby warehouse facility. ProLogis is the largest provider of industrial space in Germany with approximately 15.7 million square feet of holdings.
Industrial property REIT ProLogis has signed two new lease agreements for more than 127,000 square feet of recently developed space at distribution parks in northern Germany. In the first lease, Volkswagen Original Spare Parts Logistics inked a 78,000-square-foot lease at a new facility within ProLogis Park Cologne Eifeltor, just outside of Cologne. In the second deal, KfH Logistics, the distribution arm of dialysis and kidney transplant services provider KfH, signed a lease for more than 49,000 square feet at ProLogis Park Alzenau, which is now fully leased. KfH is relocating to Alzenau from a nearby warehouse facility. ProLogis is the largest provider of industrial space in Germany with approximately 15.7 million square feet of holdings.
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