ProLogis building third distribution center in Tianjin
Warehouse developer ProLogis said it has pre-leased 186,000 square feet of distribution space near Beijing to Jinji Total Logistics, a third-party logistics company and provider of services for Samsung.
Jinji’s is renting part of a new, 437,000-square-foot facility under construction at ProLogis Park Xiqing in Tianjin. Eventually ProLogis plans to build a second, similar size facility at the same location.
Tianjin is the sixth-largest city in China and a growing industrial hub. Jinji will operate the facility as a domestic distribution center for Samsung, which has established a factory less than 2 kilometers from the new park. Construction of the building is scheduled for completion in early 2009.
ProLogis Park Xiqing is ProLogis’ third distribution park in Tianjin. The site is located less than 15 kilometers from five major expressways, near the Tianjin International Airport, and 30 kilometers from the Tianjin Container Port.