GLP pre-leases 74,000 sqm in China
A deal has been made for GLP Park Wuqing.
Global Logistic Properties Limited announced that it has signed a pre-lease expansion agreement of approximately 74,000 square metres to a global e-commerce retailer, for its expanding fulfilment centre in GLP Park Wuqing in Tianjin, North China.
The project is the second phase of GLP Park Wuqing and is expected to be completed later this year.
The first phase, where the customer currently occupies approximately 91,000 sqm, was delivered in April 2012.
GLP Park Wuqing is the customer’s main regional distribution centre in North China.