Merlin Properties signs its first turnkey project with Logista in Cabanillas Park II

Merlin Properties signs its first turnkey project with Logista in Cabanillas Park II

Merlin Properties has signed a turnkey project with Logista for the construction of the first warehouse in the logistics development Cabanillas Park II, located in the industrial and business area Corredor de Henares, in the Community of Madrid. 

The platform will occupy an area of ​​47.155 sqm, with the option of adding another 47.000 sqm in one year. The warehouse will offer all the services required to adapt to Logista's current needs, including a 4.000 sqm area dedicated to cold logistics.

Moreover, it will have the highest environmental standards, in line with the rest of the projects developed by the company. In this way, Merlin seeks to obtain LEED certification in the Gold or Platinum categories, as in most of its developed projects.

«This is one of our largest turnkey projects and with which we expand our footprint in the corridor of the A-2, where Merlin is already the undisputed leader», says Luis Lázaro, managing director of Retail and Logistics of Merlin.

For Luis Egido de la Hera, general manager of Logista, «the new warehouse responds to the needs of business expansion. In addition, it has the best benefits and the latest technologies for the proper development of the activity, which undoubtedly represents a differential value that will allow Logista to reinforce its leadership».

This project continues and expands the successful development of Cabanillas Park I, a state-of-the-art logistics park with 315.841 sqm of GLA, which has clients such as XPO, DSV, 4PX or Luis Simoes.

Iberian Property logoIberinmo logo
Iberian Property is the best platform for investment in Spain & Portugal. Created for those who seek reliable information about players and deals happening in Iberia. Through updated database, reports, market indicators and daily news, we report “Who’s Who” in Iberian Real Estate!. Iberian Property is also proud to organize the most important international real estate investors’ meeting in Iberia - Portugal Real Estate Summit!