Major appliance manufacturer Whirlpool signed a long-term lease with IDI Gazeley to occupy a 462,848-square-foot logistics warehouse in Magna Park Monticelli.
Appliance manufacturer Whirlpool signed a long-term lease with IDI Gazeley (Brookfield Logistics Properties), an investor and developer in logistics warehouses and distribution parks, to occupy a 462,848-square-foot logistics warehouse in Magna Park Monticelli at Piacenza, North Italy.
The building will be operated by third-party logistics company Scerni Logistics, which will occupy the remaining 151,824 square feet of space within the warehouse facility, IDI Gazeley said in a statement.
Magna Park Monticelli, which can accommodate up to 1,555,385 square feet of built-to-suit logistics warehouse space, is strategically located on highways A1 and A21, allowing customers easy access to the greater Milan area. It is also home to one of the largest third-party logistics providers in Italy, Italia Logistica.
“The site forms part of a broader network of Magna Park distribution centres that IDI Gazeley is developing in North Italy linking with two other Magna Parks already in operation and established in Villanterio (Pavia) and San Bellino (Rovigo),” IDI Gazeley said.
Whirlpool leases additional warehouse space in North Italy
