Prologis to Develop Build-to-Suit Facility for Major Courier Company in Stezzano (BG)
Milan (10 September 2018) - Prologis, Inc., the global leader in logistics real estate, today announced it has signed a new agreement with a major courier service company, for the construction of a Class-A build-to-suit logistics facility in Stezzano (BG). The new facility will provide easy access to Bergamo’s Southern Ringroad and the A4 Milan-Venice highway.
The 5,000 square meter building will be used to manage deliveries in and around the city of Bergamo. It will have a large number of loading docks and will accommodate a package sorter. This modern facility is scheduled for delivery in the first quarter of 2019 and will be built to the highest international standards with a BREEAM “Very Good” accreditation. The building will also feature Prologis’ EEGLE, a digital innovation which allows customers to control daily energy expenditure and monitor building performance to better anticipate operating costs.
“The logistics sector in Italy continues to be active, and this contract brings our total to four build-to-suit facilities currently under development in this market”. says Sandro Innocenti, senior vice president, country manager, Prologis Italy. “The second half of 2018 is proving to be very busy for Prologis in Italy with a number of new buildings under construction and others due for delivery ”.
Prologis is advised by DLA Piper throughout this transaction.
Prologis owns and manages approximately 941 800 square meters of distribution space in Italy as of June 30, 2018.
Prologis, Inc. is the global leader in logistics real estate with a focus on high-barrier, high-growth markets. As of June 30, 2018, 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 685 million square feet (64 million square meters) in 19 countries. Prologis leases modern distribution facilities to a diverse base of approximately 5,000 customers across two major categories: business-to-business and retail/online fulfillment.
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