Finance Net Leasing
ProLogis Leases 211,000 SF to Centrum Logistics in Romania
Aug 4, 2008

ProLogis has leased 211,000 square feet of industrial space in Bucharest, Romania, to Centrum Logistics, a European provider of third-party logistics services and a subsidiary of Groep H. Essers, a Belgium-based transport and logistics company. Centrum will occupy space in a new distribution center being developed at ProLogis Park Bucharest A1, located along the Bucharest-Pitesti highway. Centrum, which currently leases 89,000 square feet in another building at the same park, is consolidating its existing operations there and will expand into the new facility, which totals 300,000 square feet, once it is completed before the end of the year.

 
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