This lease marks the fifth ProLogis facility for TNT in Europe. The four other distribution facilities are located in France, Italy and the United Kingdom, totaling 1.97 million sf of distribution space. "ProLogis has developed a deep understanding of TNT's distribution needs, enabling us to provide tailored facilities that strengthen their supply chain," says Ranald Hahn, SVP for ProLogis. "Upon dentifying TNT's needs in this region, we reacted quickly to offer them a facility that would accommodate their requirements."

"TNT is strengthening its position in the south of France to better serve several major customers," says Jean Pierre Barlatier, president of TNT. "The Clésud facility provides an ideal geographic location and is situated adjacent to major rail and roadways in southern France. ProLogis' local market expertise combined with their understanding of our business was central to making this lease a reality."

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