Prologis Leases 20,300 Square Meters to Western Post (DE) in Bochum
DÜSSELDORF (September 3, 2018) – Prologis, Inc., the global leader in logistics real estate, has finalized lease contracts with logistics service provider Western Post (DE) for two units of a logistics facility in Bochum totaling around 20,300 square meters. Western Post (DE) is a subsidiary of Cloud Dynamics. The company handles logistics for the e-commerce sector there.
The logistics facility in Prologis Park Bochum comprises two units. Western Post (DE) GmbH has been using 11,300 square meters there since June 2018. Another 9,000 square meters will be available to the logistics and transport service provider in October 2019. The Prologis logistics facility boasts a clear height of ten meters and is equipped with 36 loading docks with dock levelers. Prologis will take over the property management for the facility.
The Prologis Park Bochum is situated on the A448 motorway, a direct link to the A40, A2 and A1 motorways. The airports in Düsseldorf and Dortmund are just a few kilometers away. The Port of Dortmund and Rhine–Herne Canal Port are also very close. “The location provides ideal access to all European markets and the best conditions for transportation of goods by road, air and water,” says Volker Schönfeld, director, leasing officer, Prologis Germany. “We are pleased that Western Post (DE) has chosen a Prologis facility in Germany. For both contracts with the company, we used our new Clear LeaseTM contract model for the first time.”
The advantages of Clear LeaseTM: In addition to the lease provisions, the contracts include a fixed service charge for the entire term of lease. The fixed charges cover all standard operating, maintenance and repair costs defined in the contract as well as administrative fees.
NAI apollo provided excellent support in concluding the agreements. Prologis, Western Post, and NAI Global, a global owner-managed real estate consultancy for commercial properties, work together even in the USA. The NAI Mertz Corporation provided its support in concluding a contract between Western Post and Prologis here.