AMB a leading global developer and owner of industrial real estate, today announced it has stabilized its AMB Isle d'Abeau Logistics Park C development in Lyon, France with a 264,000 square foot (24,500 square meter) lease agreement with Wincanton, a leading European supply chain solutions provider.
Lyon is France's second largest metropolitan area and the primary distribution hub for goods entering Europe via the port of Marseille. The logistics park's location serves one of the larger pan-European distribution networks due to its proximity to the main transportation access routes into Barcelona, Milan, Switzerland and Paris.
"Many customers in Europe are focused on time-critical decisions, and when their requirements call for well-located, Class A distribution facilities at key European trade hubs, we're pleased they continue to turn to AMB," said Mo Barzegar, AMB's managing director, Europe.