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Global Logistics Properties has inked an agreement with Adidas to develop its biggest distribution center in Asia.
This comes as the sportswear manufacturer eyes to double its space at the same park in Suzhou, Eastern China on the back of strong demand.
The 83,000 sq m build-to-suit project will feature three double-story buildings. It will also be the first LEED (Leadership in Energy and Environmental Design) Gold standard facilities of GLP in China. LEED is the world’s most widely used standard for measuring the performance of green buildings.
Aside from enabling it to build superior long-term partnership, the expanded cooperation with Adidas also serves as testament to the value and service quality that GLP offers to its customers, said GLP China co-president Victor Mok.
“This build-to-suit project with Adidas exemplifies how we are able to leverage our strategic local partnerships to acquire scarce land resources to meet customers’ needs in prime locations,” he said.
“The project also reflects strong growing demand of logistics facilities to serve organized retail and domestic consumption. GLP looks forward to supporting these growth trends in China.”
This article was edited by Denise Djong.
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