Global Logistics Properties leases 15,000 sqm in Changzhou

GLP Park CND's occupancy rate reaches 97%.

Global Logistic Properties Limited announced that it has signed approximately 15,000 square metres (162,000 square feet ) of new leases with a third party logistics provider in Changzhou, Eastern China.

With the new lease, the occupancy rate for GLP Park CND, GLP’s first development in Changzhou, has reached 97% within three months of its completion.

Kent Yang, President of GLP China, said: “The logistics market in Eastern China is expanding rapidly and we are excited to see such strong demand for this newly completed project in Changzhou, our first in the city.

Strategically located in the heart of Yangtze River Delta, GLP Park CND is situated within Changzhou’s only high-tech industrial development zone and well-positioned to cater to both manufacturing and distribution demand in the region.”

GLP Park CND is a modern logistics park comprising 33,000 sqm (351,000 sq ft) of high quality, multi-functional warehouse facilities.

Located in Changzhou National Hi-tech District, the only development zone in China offering road, rail, water and air transportation links, GLP Park CND is an ideal platform for regional distribution within Yangtze River Delta as well as production-related logistics due to its proximity to many multinational manufacturers.

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