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GAZELEY ANNOUNCES THE DELIVERY OF 25,000 SQ M WAREHOUSE IN ARRAS

GAZELEY ANNOUNCES THE DELIVERY OF 25,000 SQ M WAREHOUSE IN ARRAS

2nd octubre 2019

Paris, September 25th, 2019 – Gazeley, a GLP company and leading investor and developer of logistics warehouses and distribution parks, today announces the delivery of a 25,000 SQ M building in Arras, North of Pas de Calais (62). The building is available to rent immediately.

The development is Gazeley’s second in Magna Park Arras, with plans for a third 50,600 SQ M warehouse underway. The building has the option to be divided into 12,000 SQ M sections and is available for either sole or double occupancy. It has a height of 12 meters and 26 docking doors.

The warehouse is located in the Actiparc Business Park in Arras which is home to over 30 companies, primarily from the transport and logistics sectors. It is well situated close to the A1 and A26 motorways, with direct access to both the North of France and Benelux. In total, the business park has created over 1,500 jobs for the local community.

Vincent Gourlin, Development Director, Gazeley said: “This latest development builds on Gazeley’s growing portfolio in France, where we currently operate over 600,000 SQ M of logistics space and own land to develop a further 400,000 SQ M of space. The area continues to see significant demand for high quality logistics and distribution space and our extensive development looks to capture this growth. We have already received significant interest in this warehouse and expect that we will be able to secure a customer in due course.”

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