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Bosch-Siemens Signs 860,000-SF BTS Lease

ZARAGOZA, SPAIN-The Munich-based company signs a long-term lease with ProLogis for a new distribution center, a sustainable design being touted as one of Spain's largest.

By Connie Gore | Updated on May 07, 2008

ZARAGOZA, SPAIN-Bosch-Siemens Home Appliances, embracing new government incentives for energy-efficient appliances, is expanding its footprint in the city, signing a long-term build-to-suit lease with ProLogis. The pact calls for an 860,000-sf [80,000 m2] distribution center, with the construction start penciled for November.

The Munich-based BSH currently operates seven factories and two offices in Spain, with its regional headquarters team located in Parque Empresarial Plaza in Zaragoza–two miles from the development site. ProLogis’ project manager Cristian Oller designed the rail-served distribution center with sustainable design features coming from London-based Battle McCarthy, also the landscape architect. The building will include sustainable features and technologies like roof-mounted solar panels, rainwater storage and energy-efficient lighting into the plan. Based on current US averages for traditional industrial space, the project would cost upward of $43 million.

A company spokeswoman tells GlobeSt.com that ProLogis has enough land in Zaragoza’s distribution corridor to support 120,000 m2 [1.29 million sf] of buildings. The warehouse is ProLogis’ second in the Zaragoza market, which has turned into a major distribution portal in the country. A 516,000-sf [48,000 m2] distribution center, situated about 15 miles from BSH’s site, was completed earlier this year. It is leased for the long term to ARC International. It too is a sustainable design.

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