Bochum: Western Post leases 20,300 sqm in Prologis Park
Logistics services provider Western Post has leased two units with total floor space of 20,300 sqm in Bochum’s Prologis Park near highway A 448. 11,300 sqm have been in operation since June, the other 9,000 sqm will be available to the Cloud Dynamics subsidiary starting October 2019. Western Post is using the location to handle logistics for the e-commerce sector. In this transaction, Prologis used new leases of the Clear Lease TM Standard for the first time, which encompass a flat fee for ancillary costs for the entire term in addition to leasing fees. NAI apollo advised on the deal. Prologis is also taking on the property management for the building.
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