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Leche Pascual Group Leases 11,000m2 Warehouse In Madrid

Posted by: In: Real Estate 23 Jan 2017 Comments: 0 Tags: , , , , , , , , , , ,
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20 January 2017 – Mis Naves

ProEquity has leased 11,220 m2 of space in the Casablanca logistics platform in Torrejón de Ardoz, to the Leche Pascual Group. As such, the dairy group has become the first tenant at the site.

The operation includes offices covering 669m2, which have been adapted to suit the operator’s requirements, as well as 149 parking spaces.

The Casablanca logistics platform has been developed on a plot of land measuring 84,968m2, of which 47,500 m2 corresponds to leasable surface area. It comprises two independent warehouses and it is located in the main hub for logistics and distribution operations in Madrid, 20km from the city centre and 10km from Barajas airport.

The site has direct access to the A-2 motorway connecting Madrid and Barcelona, which represents a key factor for distribution and logistics companies.

The platform is owned by the investment fund Rockspring which, according to John Thompson, Director of the branch in Spain, is in negotiations to lease another 20,000 m2, which could result in an occupancy rate of more than 60% of the available space.

Rockspring currently manages a portfolio of logistics space amounting to €800 million across France, the UK, Germany, Spain, Sweden and The Netherlands. It also has a reserve of land with potential to develop up to 240,000 m2 of space.

Original story: Mis Naves

Translation: Carmel Drake

The post Leche Pascual Group Leases 11,000m2 Warehouse In Madrid appeared first on Aura Real Estate Experts.

Source:: AURA Real Estate Experts

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