Prologis Leases 753,000 SF of European Acquisitions

SAN FRANCISCO-Prologis, Inc., has signed three new lease agreements in the company’s development and acquisition portfolios totaling more than 753,000 square feet in the UK, France and Slovakia.

The agreements include: –  A 345,000 square foot (32,000 square meter) build-to-suit facility for an international retailer at Meaux Business Park in the Paris market. The development can be expanded to more than 538,200 square feet (50,000 square meters) and offers direct access to Roissy-Charles de Gaulle Airport; — A 150,000 square foot (13,900 square meter) build-to-suit agreement with a major provider of sensor-based technologies. The facility will be located at Prologis Park Bratislava with direct access to Slovakia’s capital, the international airport, as well as major motorways; and –  A 258,000 square foot (23,970 square meter) lease with a leading distributor of automotive parts at Prologis Tamworth 594 in the West Midlands, England. With this transaction, the recently acquired facility will be 100% leased.