Global Logistic Properties (GLP), the provider of modern logistics facilities in China and Japan, said it recently leased out 14,500 square metres at GLP Park Suzhou Industrial (Genway) to one of the largest global confectionery, food and beverage conglomerates.
The leasing agreement marks the first collaboration of the customer and GLP in China. GLP Park Suzhou Industrial (Genway) is positioned near the customer’s production facilities in Suzhou Industrial Park (SIP) and also acts as its regional distribution centre given its location in the Yangtze River Delta region.
This state of the art facility serves as a transfer centre among the customer’s factories in SIP and other regional distribution centres in Shanghai and Beijing. In addition, the customer has expressed interest in further expanding in GLP Park Suzhou Industrial (Genway) when construction of additional facilities is completed in mid 2012.
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