On 19th September, the new Michelin logistics facilities saw the opening in the CPL Penedès logistics park. This new warehouse fit in the new logistical needs of the company, replacing its predecessor in Santa Perpètua de Mogoda, and comprises an area of 25,000 m2, with modern logistics technologies and the capacity to serve the 600 delivery points of the Michelin network in the region. Located in Sant Sadurní d’Anoia, the new logistics platform also has a strategic geographical position, 40 km from Barcelona on the AP-7, the main Mediterranean corridor.
The opening of the logistics platform was chaired by Mr. José Rebollo, president of Michelin Group in Spain and Portugal; Jordi Carbonell, deputy director of Industrial Policy of the Generalitat de Catalunya; Pere Pons Vendrell, Subirats mayor; and, among other personalities who attended, Josep Oriol, Saba Parques Logísticos general manager.
The lease transaction- advised by Estrada & Partners, real estate advisers- was held few months ago on the basis of a lease contract for 10 years signed by CPL Penedès and Michelin España y Portugal.
Michelin occupies a leading position in the manufacture of tires, as well as in services related to travel. Present in 170 countries, the French brand has 72 manufacturing plants located throughout the world. In Spain, more than 8,000 people work for Michelin in the manufacture of different product lines, from motorbike tires to those for agricultural machinery and equipment.
About Estrada & Partners
Estrada & Partners (http://estradapartners.com/) is a real estate consulting firm specialized and leader in logistics and industrial sectors, as well as in investment, where it provides services of Brokerage, Asset Management, Asset Valuation, Consultancy and Land. Among the advised logistics transactions it is worth highlighting the leasing of the 48,404 m2 ProLogis Park Penedès, in La Bisbal del Penedès, by the company Carreras Almacenaje y Distribución; the extension of the lease of 42,630 m2 by Eurofred, in Valls; or the recent leasing of 21,000 m2 in La Granada del Penedès by FCC.
About Saba Parques Logísticos
Saba Parques Logísticos is the logistics division of Saba Infraestructuras, leading company in parking management since 1966, and in logistics parks management, since 1999, and operates in six countries: Spain, Italy, Chile, Portugal, France and Andorra. The gross area of the logistics parks of Saba Parques Logísticos is 730 hectares, with a buildable area of more than 3 million m2. At present, Saba Parques Logísticos has 1 million of built square meters and 128,000 square meters of services associated to logistics. It manages a network of parks in Madrid, Barcelona, Sevilla, Álava, Santiado de Chile, Lisbon and Toulouse.