Global Logistic Properties Limited (GLP) has leased 475,000 square feet to a leading global retailer in Greater Chicago, US. The customer will use the facilities to enhance its distribution capabilities in Midwest US.
Paul Loosmann, Co-Chief Investment Officer of GLP US, said: “We are very pleased to further expand our partnership with this key customer, a multi-national retailer. Customer demand for our Laraway Crossings asset has been very strong due to the right combination of access to the Intermodal, excellent road infrastructure and the great workforce available in Joliet. The collaboration announced today highlights the value GLP’s network provides in enabling our customers to rapidly expand distribution capacity.”
