Menlo Logistics and Prologis, Inc. held a formal groundbreaking ceremony for a new 70,000 sq m regional logistics facility in Eindhoven, the Netherlands which is due to be operational as of April 2016.
The logistics centre, located at the Acht industrial park in Eindhoven adjacent to the A2/N2 Eindhoven ring road, offers direct access to Belgium and Germany, as well as Amsterdam to the north.
Bram Verhoeven, country manager, Prologis Benelux said, “This transaction reflects the strong demand for Class-A facilities in Tilburg, Eindhoven and Venlo and further strengthens Prologis’ presence in this market,” adding. “We are pleased to further our global partnership with Menlo in the development of strategic industrial real estate properties that provide high-value logistics services for local, regional and global businesses.”
Menlo’s managing director in Europe, Tony Gunn, said, “As a multi-client, multi-discipline facility, Eindhoven will become our flagship location for the wide range of logistics services we provide to customers across the seven primary industries we service in Europe. These include high-tech, healthcare, retail and consumer, manufacturing and e-commerce. It will also provide jobs for over 200 people and is an ideal match for the needs of our strategic growth plans in the Benelux, as well as Europe as a whole.”
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