Accolade plans to develop two industrial projects in Alzira (Valencia) and Alcantarilla (Murcia), representing a combined investment of around €97 million and totalling an approximate gross floor area of 88,500 sqm. Both are currently at the planning stage.
The larger project will be located in Alzira, where the pan-European investor plans to invest nearly €70 million in a 65,000 sqm facility aimed at industrial, logistics and distribution companies. Its location will facilitate connections to the Port of Valencia, the Mediterranean Corridor and the main road networks of the Valencian Community.
The project joins a market that began 2026 with nearly 750,000 sqm of industrial and logistics space under development – the highest volume recorded in recent years, according to Savills. The availability of land and proximity to transport infrastructure are driving investor interest beyond traditional logistics hubs.
In Alcantarilla, the planned investment stands at around €27 million and will enable the construction of an industrial park covering approximately 23,500 sqm. The development will primarily target sectors with an established presence in the Region of Murcia, such as agribusiness, food production and temperature-controlled logistics, whose technical requirements demand increasingly specialised facilities.
The two complexes will be developed on a ‘build-to-suit’ basis, which allows the design and specifications of the properties to be tailored to the requirements of the future occupier. At present, no tenants have been announced, nor have any dates been set for the start of construction.
“Regional markets are playing an increasingly important role in industrial and supply chain deployment strategies”, said Eduardo Feliciano, Accolade’s business director for Iberia, who attributes this growth to a combination of connectivity, available land and the capacity to incorporate modern assets.
The investment forms part of the firm’s growth in Spain, where it manages over 100,000 sqm and has a project portfolio exceeding 350,000 sqm. Its strategy focuses on regional markets with manufacturing bases, international connections and scope for incorporating new industrial space.
