[photopress:logistics_prologis_1.jpg,full,alignright]ProLogis, a Colorado developer of distribution centers worldwide, has two major deals in the Pearl River Delta area of southeastern China.
ProLogis will build a 2 million-square-foot industrial park on 102 acres in Guangdong Province. The park will be called ProLogis Park Zhuhai, and will offer access to South China Sea port cities such as Zhuhai, Macau and Jiuzhou.
[photopress:logistics_prologis_1_2.jpg,full,alignleft]The developer gave no timetable for the park’s construction.
At its ProLogis Park Sanshan distribution center in Guangzhou, one of Guangdong Province’s major cities, ProLogis has signed a lease with third-party logistics provider Guangzhou Hutchison Logistics.
Hutchison leased 194,000 square feet at the park for the distribution of BMW auto parts throughout the Pearl River Delta area. Guangzhou Hutchison is part of Hutchison Logistics Services, based in Guangzhou and Shanghai.
In China alone, ProLogis owns or operates 15.5 million square feet of space that support customers such as Best Buy, Nokia, United Parcel Service and Adidas.
Source: Triangle Business Journal