Industrial space specialist Prologis has signed a leasing agreement with Le Roy Logistique, a French logistics provider, for a 20,500 m2 facility near Orléans.
The property is located in the municipality of Ormes near Orléans. It is connected to the A10 freeway, which runs between Paris and Bordeaux, and to the A71 freeway between Paris and Limoges.
“This transaction reflects the increase in customer demand for logistics space in France and in particular, the Orléans market,” said François Rispe, regional head, southern Europe, Prologis. “By signing this leasing agreement, Le Roy Logistique has shown their trust in us as a company, and their confidence in the quality of our product and services.”
Prime rents for industrial property in France can reach up to €52 per m2.
Jones Lang LaSalle brokered the transaction.
