MARSEILLES, FRANCE-P Point–a distributor of construction materials–is taking 415,000 square feet in an under construction facility here for a long-term lease. ProLogis’s 624,000-square-foot property is one of nine buildings in the Park Clesud complex. Seven of the buildings are complete, while two of the properties–which includes P Point’s lease–are currently under construction and set to deliver in the first half of 2009. The distribution complex sprawls 2.4 million square feet in southern France. The price and terms of the lease were not disclosed.

“Clesud sesrves as an important hub for distribution because of its centralized location and access to multimodal transportation with the majority of demand coming from the manufacturing and logistics management industries,” says Ranald Hahn, managing director for ProLogis southern Europe, in a release.

The Park Clesud is adjacent and accessible to train shipments, and close to the A54, A9, A7 and A8 freeways. ProLogis leased a third space at Park Clesud to ID Logistics in 2004 for 282,273 square feet for a total of 807,456 square feet for that company. Other distributors Dentressangle, SLS, Dinadis and Intermarche’ hold space in the complex, as well.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?


© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

GlobeSt Net Lease Spring 2024Event

This conference brings together the industry's most influential & knowledgeable real estate executives from the net lease sector.

Get More Information


Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join now!

  • Free unlimited access to's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including and

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.