fr en France

Logicor secures lease on 40,000sqm and commits to extension of site in houplines, lille

July 06, 2023 | Lizzie Beuzeval

6th July 2023: Logicor, a leading owner, manager and developer of logistics real estate in Europe, has leased c.40,000 sqm to a new customer – a leading European provider of toys and children's entertainment, at Logicor Houplines Logistics Park (North), France.

The current site will undergo redevelopment to join two of the existing assets, creating one space from which the customer can run its distribution operation. In total, the customer will lease c.45,000 sqm of space.

Logicor Houplines Logistics Park is 14km northwest of Lille and has direct access to the key A2 motorway network, which reaches across Northern France and mainland Europe, enabling the customer to efficiently deliver its products to consumer stores and homes.

The demand for well located logistics sites is as strong as ever, and we are delighted to have welcomed a new customer to our portfolio and to establish a long-term relationship with them.

By extending our site, we have been able to make better use of the land area located in a brilliant position as well as introduce measures that will improve the sustainability of the building."

Laurent Dubos

Country Manager of Logicor France

In an area where demand for well-located logistics assets outpaces supply, Logicor Houplines Logistics Park is part of the dynamic Les Moulins de la Lys business park, a major economic hub with over 25 companies and generating more than 700 jobs.

END

===

About Logicor France

Logicor is one of the leading owners, managers, and developers of modern real estate in logistics and distribution in Europe. As at 31 December 2022, Logicor owns or manages c.4 million square meters in key French logistics markets.

logicor.eu