Monday, September 15, 2014

GLP leases out 1.2 million sqft to state-owned consumer goods company in China

Global Logistic Properties (GLP), the leading provider of modern logistics facilities in China, Japan and Brazil, said it has signed a new lease agreement with a large state-owned consumer goods company for 1.2 million sqft in Midwestern China.

The lease represents a new customer relationship for GLP.

Kent Yang, President of GLP China, said: “The customer will use GLP’s facilities to store products that have strict requirements for temperature and humidity control. GLP’s high-quality facilities and strategic locations enable customers to deliver the highest levels of service and logistics efficiency. We are excited to establish this new customer relationship and look forward to supporting them as they continue to expand in China.”

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