GLP and NIKE, Inc. sign agreement to lease for a new state-of-the-art logistics campus at Magna Park Corby
GLP today announced that Nike has signed a 20-year lease agreement for its new state-of-the-art UK Logistics Campus and national supply chain hub at Magna Park Corby. Spanning more than 1.3 million square feet of logistics warehousing, offices, sport and recreation facilities in a single building, the campus will target a BREEAM ‘Outstanding’ rating and achieve Net Zero Carbon in Construction.
GLP has established a strategic partnership with IndoSpace, the largest industrial real estate company in India, marking GLP’s entry to the India market.
GLP has signed new agreements totaling 65,000 sqm (700,000 sq ft) with four industry leaders in six locations across China. All the new agreements are signed with existing customers.
The Singapore-listed logistics real estate investment and development firm has expanded to the US by buying the majority share of the IndCor business from Blackstone.
GLP Announces New Leases Totaling 78,000 sqm (840,000 sq ft) in China
GLP has signed two new agreements totaling 78,000 sqm (840,000 sq ft) in Eastern and Northern China. The customers are using the facilities to support distribution needs for e-commerce and retail stores.