Mountpark, a leading developer of industrial and logistics property, has announced the leasing of Unit B, a 9,279 square metre inventory logistics facility to STOR at Mountpark Illescas IV, located at the Iberum Central Platform, south of Madrid.
The recently completed building forms part of Mountpark’s 188,000 square metre logistics development programme at Illescas, which has been designed to meet the rising demand for modern, energy-efficient logistics facilities in central Spain.
“On behalf of STOR, I would like to thank Mountpark and its subcontractors for the outstanding quality of their construction and engineering work. We look forward to Mountpark being our logistics partner for decades to come.” said Jorge Ortiz, Logistics Director at STOR.
The lease to STOR follows the success of the first three phases of Mountpark’s development at Illescas. Mountpark Illescas I is let to Carreras Grupo Logística for its 85,624 square metre multi-client logistics operation, while Mountpark Illescas II is a 44,747 square metre e-commerce distribution centre operated by GXO. Mountpark Illescas III provides 12,590 square metres and is operated by TXT for a range of logistics clients.
“We are delighted to welcome STOR to Illescas,” said Leandro Greblo, Country Officer, Iberia at Mountpark. “We aim to offer our customers the best property opportunities on the market and Illescas has become a prime location for logistics operators in Spain.”