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JLL Industrial team represented by Martin Stratov faciliated these transactions.
Prologis, Inc., the global leader in industrial real estate, today announced that it has renewed lease agreements with Tesco for 126,000 square metres of distribution space at two of Prologis' parks in Slovakia. JLL, the international real estate consultant, facilitated these transactions.
The lease renewal agreements include:
"The continuation of our relationship with Tesco is testament to our ability not only to tailor our facilities to the specific needs of our customers but also to provide high-quality customer service that results in long-term relationships," said Martin Polak, senior vice president, country manager, Prologis Czech Republic and Slovakia.
"We are very pleased to have effected the lease renewals between two very important clients," said Martin Stratov, Head of Industrial Agency JLL Slovakia. "This is one of the largest leasing transactions in recent years in the Slovak logistics market."
Prologis is the leading provider of industrial space in Slovakia with three distribution parks totalling 455,000 square metres, located in Bratislava (Senec), Galanta (Gan) and Nove Mesto (as of 30 September 2014).
Prologis, Inc., is the global leader in industrial real estate. As of September 30, 2014, Prologis owned or had investments in, on a wholly owned basis or through co-investment ventures, properties and development projects expected to total approximately 585 million square feet (54 million square meters) in 21 countries. The company leases modern distribution facilities to more than 4,700 customers, including manufacturers, retailers, transportation companies, and third-party logistics providers.
ABOUT JLL SLOVAKIAThe JLL Slovakia was established in 2006. Currently, it provides services in the field of investment consultancy (capital markets), valuation, research, land investment and development, leasing of office (office agency), industrial (industrial agency), residential (residential agency) and retail space as well as the services in the field of property and project management. Slovak property management team, currently manages a net leasable area of 245,000 sqm (all type of commercial real estates) with the total capital value exceeding 250 mil. eur.
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