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Cushman & Wakefield and XPO Logistics formalize lease of logistics hub in Lezíria Park, Lisbon

23/10/2024

xpo-logistics

Cushman & Wakefield managed the lease of a 2,586 sq.m logistics centre for XPO Logistics, a leader in providing innovative and sustainable integrated logistics solutions in Europe, at Lezíria Park Logistics Park, located in Forte da Casa, Vila Franca de Xira (Lisbon). In this operation, C&W acted on behalf of Serris Reim, the manager and owner of the logistics park.

Lezíria Park is a mixed-use complex that integrates offices, hotels, and warehouses. It is situated in a consolidated logistics area with direct access to major communication routes to Lisbon, Porto, Faro, and Madrid, such as the A1 and N10.

"We are very pleased to announce the installation of XPO Logistics in Lezíria Park. This lease not only strengthens the strategic position of this logistics park but also underscores our ability to attract market leaders to the region. The presence of XPO Logistics, a reputable company in the freight and logistics sector, is a testament to the potential and attractiveness of Lezíria Park as an excellent logistics hub," comments Sandra Ferreira, Senior Consultant, Industrial, Logistics & Land at Cushman & Wakefield.

From this new logistics and distribution centre, XPO will offer integrated solutions to its customers, including last mile and contract logistics in Lisbon and southern Portugal. Meanwhile, the current centre in Lisbon and the centres in Pombal and Porto will continue their full and partial load and pallet activity, covering the national territory, as well as Spain and Europe, allowing the company to optimize logistics efficiency in all its operations.

With this installation, XPO Logistics reaches 79 logistics centres throughout the Iberian Peninsula, where it holds a leading position in capillary distribution service with 22,000 pallets delivered or collected daily (1 every 2 seconds), also making 4,300 last mile deliveries per day of bulky products in sectors such as DIY, appliances, and furniture, with constant growth.

Massimo Marsili, Managing Director of XPO Logistics in Southern Europe and Morocco, stated: "We are very proud to announce the arrival of XPO at Lezíria Park. This move allows us to strengthen our presence in a strategic region, both for Portugal and the entire Iberian Peninsula, where we will continue to work to provide excellent service to our customers, with innovation, sustainability, and people as the core pillars of our activity. We thank Cushman & Wakefield and Serris Reim for their willingness to reach an agreement from the beginning and their desire to include us in one of the most important logistics areas in Southern Europe."

José Caldeira, Asset Manager at Serris REIM Portugal, added: "We are pleased to welcome XPO Logistics to Lezíria Park. This is another important step in our asset management strategy, focused on maintaining a portfolio 100% occupied by reputable entities. A special thanks to Cushman & Wakefield for their support in making this partnership a reality."

Cushman & Wakefield and XPO Logistics have established a strategic partnership aimed at strengthening XPO's position in the Iberian logistics market. This alliance highlights the potential of Lezíria Park as a key logistics hub in the region, facilitating access to major communication routes and improving efficiency in the provision of logistics services.


About Cushman & Wakefield
Cushman & Wakefield (NYSE: CWK) is a leading global commercial real estate services firm for property owners and occupiers with approximately 52,000 employees in nearly 400 offices and 60 countries. In 2023, the firm reported revenue of $9.5 billion across its core services of property, facilities and project management, leasing, capital markets, and valuation and other services. It also receives numerous industry and business accolades for its award-winning culture and commitment to Diversity, Equity and Inclusion (DEI), sustainability and more. For additional information, visit www.cushmanwakefield.com.

Media Contact

Miguel Sena
Miguel Sena

Associate Director, Head of Marketing & Communications • Lisbon

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