ProLogis the world’s largest owner, manager and developer of distribution facilities, has leased a total of approximately 460,000 square feet (43,000 square meters) to two customers in Shanghai, China.
In the Pudong submarket of Shanghai, at ProLogis Park Jinqiao, ProLogis has leased approximately 192,000 square feet (17,800 square meters) to Parker Hannifin, a global leader in motion and control technologies, providing precision-engineered solutions for a wide variety of commercial, mobile, industrial and aerospace markets. The company will use the space for assembly and light manufacturing.
In the Hangzhou submarket of Shanghai, at ProLogis Park HEDA, ProLogis has leased approximately 266,000 square feet (25,000 square meters) to Joyoung, a leading domestic home appliance manufacturer, to support its distribution needs across the Shanghai region.
ProLogis has approximately 1.6 million square feet (149,000 square meters) of space in nine buildings at the park.
ProLogis Park HEDA is a world-class logistics and industrial base in the Hangzhou Economic and Technological Development Area (HEDA).