Itercon, a specialist design and construction company, has completed the construction of two logistics centers in Madrid and Toledo for CBRE Investment Management, on behalf of a fund sponsored by the firm. The projects were started in March 2023 and have a combined gross leasable area of more than 30,000 square meters (323,000 square feet).
The first logistics center is located in the Madrid municipality of Camarma de Esteruelas, in La Raya industrial park, near the A-2 motorway that connects Madrid with Barcelona. It is a 16,644-square-meter (179,155-square-foot) building on a 25,400-square-meter (273,400-square-foot) plot. The building includes an office area of more than 500 square meters (5,400 square feet) distributed over two floors, with 16 loading bays and 13.70 meters (44.95 feet) at its highest interior point.
The second logistics warehouse is located in Illescas (Toledo), one of the main logistics hubs in Spain. The 15,816-square-meter (170,242-square-foot)