Sep 30 2009
- Company Signs Agreement With Leading Luxury Goods Group at ProLogis Park Stafford -
ProLogis (NYSE: PLD), a leading global provider of distribution facilities, announced today it has signed a lease agreement during the third quarter for a newly developed, 128,000 square-foot distribution facility in the United Kingdom with WWRD UK Ltd. (WWRD), a leading luxury goods group that owns and operates the Waterford Crystal, Wedgwood and Royal Doulton brands.
WWRD will occupy Building Two at ProLogis Park Stafford, located in the West Midlands. The new ProLogis customer will use the facility as its European distribution hub, distributing products to all regions throughout the continent.
Andrew Griffiths, UK managing director at ProLogis commented, "WWRD Holdings is a worldwide operation famous for its highly prestigious brands. We are very pleased to have completed this transaction with such a significant new customer, which has its roots firmly planted in the Staffordshire region."
ProLogis Park Stafford comprises three buildings and approximately 903,000 square feet of distribution space. The park is conveniently located near major highways, including the M6, and is an ideal location for both regional and national distribution networks. Additional ProLogis customers at the park include Screwfix, Culina and Altecnic.
ProLogis is one of the largest providers of distribution space in the UK with a distribution portfolio totaling approximately 18.5 million square feet. Other major customers in the country include Amazon.com, Bosch-Siemens, Debenhams, DHL, GEFCO, Honda Logistics, Kuehne + Nagel, Sainsbury's, Superdrug and Tesco. For more information about ProLogis' UK portfolio, please visit: https://prologis.co.uk/
Source: http://www.prologis.co.uk/