Property Types Industrial
June 25, 2008
By: Elena Gontar, Staff Writer
ProLogis is developing its first distribution facilities in Austria, the company said today.
The firm has started construction on the first of two planned distribution centers that will comprise ProLogis Park Himberg, a new industrial park located outside of Vienna, in close proximity to the S1 highway. ProLogis expects to complete the 352,000-square-foot facility in early 2009.
"Our recent entry into Austria is part of our global strategy to provide our customers with exceptional distribution services and space that meets their expansion and reconfiguration needs," Christian Bischoff, managing director of ProLogis in northern Europe said in a release. "We have been investigating the country's property markets for over a year and have noted a growing trend among Austrian companies to outsource their logistics requirements as foreign trade continues to grow."
By: Elena Gontar, Staff Writer
ProLogis is developing its first distribution facilities in Austria, the company said today.
The firm has started construction on the first of two planned distribution centers that will comprise ProLogis Park Himberg, a new industrial park located outside of Vienna, in close proximity to the S1 highway. ProLogis expects to complete the 352,000-square-foot facility in early 2009.
"Our recent entry into Austria is part of our global strategy to provide our customers with exceptional distribution services and space that meets their expansion and reconfiguration needs," Christian Bischoff, managing director of ProLogis in northern Europe said in a release. "We have been investigating the country's property markets for over a year and have noted a growing trend among Austrian companies to outsource their logistics requirements as foreign trade continues to grow."
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