ProLogis (PLD), a leading global provider of distribution facilities, recently agreed to lease about 154,000 square feet of newly developed space in the Czech Republic to Geis Logistics.

The leased facility at ProLogis Park Ostrava is strategically located close to the Ostrava city center – a premier administrative and manufacturing hub in the country. The site provides immediate access to major centers of commerce in the region through a highway network and Ostrava International Airport.

Geis Logistics will utilize the facility as a central warehouse for its operations in the Czech Republic and Slovakia and as a gateway to other Eastern European markets. Besides its prime location, the facility would also provide access to a talented pool of workforce that in turn could increase the company’s efficiency.

ProLogis owns and manages interests in over 2,500 distribution facilities, service offices and properties spanning 475 million square feet of space

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AMB Property Corporation (AMB), a leading real estate investment trust (REIT), has recently signed a leasing agreement for approximately 65,000 square feet in Paris. The deal was signed with Lincoln Electric Holdings Inc. (LECO), a leading welding equipment manufacturing company. With the deal, the facility at AMB Port of Rouen spanning 275,000 square feet is now fully leased. AMB had earlier leased 210,000 square feet of space at the site to Schenker France, one of the leading international providers of integrated logistics services, and Necotrans Group, another premier logistics company. Port of Rouen is strategically located at a prime location and provides immediate access to major centers of commerce in the region through highway network, a dense railway system and two major airports at Roissy and Orly. Lincoln Electric intends to utilize these transportation facilities to strengthen its position in the market. The leased facility ...