Clarion Partners Europe advances Barcelona development pipeline
Clarion Partners Europe has plans to advance its development pipeline in Spain, constructing 65,000 square meters (699,654 square feet) of class A logistics space across three schemes in and around Barcelona.
“Over the next 18 months we plan to deliver 65,000 square meters of highly sustainable logistics space into supply constrained Spanish markets, reflecting our conviction in one of Europe’s fastest growing e-commerce regions,” said Thorben Schaefer, director of Clarion Partners Europe. “The reconfiguration of supply chains continues with businesses requiring the distribution facilities that allow them to access more customers in shorter timeframes. We believe our portfolio is ideally positioned to be a beneficiary of this demand.”
In Esparreguera, a prime Barcelona logistics location 41 kilometers (25 miles) west of the city center, Clarion Partners Europe has started construction of a 22,000-square-meter (236,806-square-foot), class A logistics warehous