12 March 2019 – Eje Prime
According to data from CBRE, 100,000 m2 of logistics space was leased in Zaragoza in 2018, up by 10,000 m2 compared to 2017. Most of the space was absorbed by turnkey projects, and the majority of the new contracts were signed for spaces released by companies relocating to new sites.
The largest operation of the year involved the sale of two plots spanning 40,000 m2 on the Plaza industrial estate.
Demand is expected to remain active this year, right across Spain, boosted, in particular, by the emergence of e-commerce, which will continue to drive demand for urban hubs spanning between 3,000 m2 and 5,000 m2.
Original story: Eje Prime
Translation/Summary: Carmel Drake