Due to TNT strategic plan of consolidation of several of their Madrid premises, they contacted us to provide them real estate solutions for their new requirement. We had a successful track record with them including several regears and letting acquisitions around Spain, so they knew we understood the level of service required and we could deliver it
Considering that the new premises should be less than 10 kilometres from Madrid Barajas Airport, contains very high technical specifications and also be very specific for TNT needs, we contacted several land owners with plots of land that could work with TNT requirement and deliver them a build to suit project.
We sent the developers a very detailed Request for Proposal including main technical specifications, lay outs and timelines All the developers were excited with the project and delivered high quality projects.
After three round of presentations and a long final negotiation Prologis was the selected developer.
Once Prologis acquired the plot of land from AIG, they started the development of the facility. The project comprises 12,900 m² (11,000 m² warehouse + 1900 m² offices) in a 41,000 m² plot of land.
The property will be delivered to TNT on August 2015 and once they occupy it TNT will have enormous saving through operation efficiency. In addition to this, the property including the fingers will be the most modern and efficient cross docking warehouse in Madrid market.