Prologis Leases 17,200 Square Meters in Unna

Speculatively Developed Logistics Park at Full Capacity

DÜSSELDORF (May 29, 2018) – Prologis, Inc., the global leader in logistics real estate, has signed two lease agreements covering around 17,200 square meters of space in Unna, Germany. Prasco GmbH will occupy around 6,200 square meters in a newly developed logistics facility, and a global logistics service provider will use around 11,000 square meters. This means that just three months after completion of the speculatively developed facility, Prologis Park Unna is fully leased.

Prasco will operate out of Unna to market bodywork and spare parts for vehicles. The company previously used a warehouse in Bönen. “We were looking for a new logistics facility close to our previous site in Bönen”, said Andreas Kaufhold, manager of Prasco GmbH. “The space in Unna perfectly meets our requirements in terms of a modern distribution center. We are happy to have the support of an experienced logistics facility developer and operator in Prologis.”

The international logistics company will provide distribution for consumer goods at the new site. “The rapid renting out of the entire logistics park confirms that we were right to build speculatively in Unna”, said Philipp Feige, vice president, market officer Germany, Prologis. “The high quality of the facility and its ideal location have been essential factors in the speedy transactions. Unna fits in very well with our strategy of developing logistics parks in infill locations in densely populated areas with optimal transport connections.” An analysis carried out by Prologis last year confirmed that, with Unna, Hamm and the Ruhr metropolitan area, the Rhine-Ruhr region is one of the top ten logistics locations in Europe.

High Sustainability Standards

The new space in Unna consists of around 41,000 square meters in total. Construction started in April 2017. The Essen-based contract logistics provider van Eupen Logistik has been using 23,800 square meters of the facility in Unna since autumn 2017. Prologis developed the building in line with the gold standards of the German Sustainable Building Council (DGNB). The facility features modern, high-efficiency insulation, LED lighting, and grey water recycling and makes exceptional use of natural light. Prologis is also in charge of property management for the logistics park.

Since 2008, Prologis has been active in Unna. With the new logistics facility, Prologis now has 85,000 square meters of logistics space overall. “We are happy to have been able to add new space in the Ruhr region”, said Alexander Heubes, senior vice president, country manager, Prologis. “Demand for logistics space is very high here yet suitable land is scarce. We are particularly thankful to Wirtschaftsförderung Kreis Unna, a society which aims to control and accelerate social and economic development in Unna, for selling us the land.”

Unna enjoys an optimal location and has excellent connections to interchanges which facilitate the distribution of goods within Europe and worldwide. Prologis Park Unna is close to the A1, A2 and A44 motorways. Additionally, it is in the vicinity of the most significant railways and inland waterways in the region. Dortmund Airport is just 12 kilometers away.

Logivest served as an advisor during the negotiations for both agreements.

Prologis Park Unna, Unna, Germany
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