Palm Logistics is developing a 115,000 sq m logistics hub to meet pent-up demand for last mile logistics in Madrid.
The first phase of the Gavilanes development, 33,000 sq m across two buildings, is due to open this summer.
Reda Khatim, managing partner of Palm Capital said: “We are excited to be developing Madrid’s last mile hub in Gavilanes. A strategic site such as Gavilanes will offer world class, well-located logistics assets for regional, national and pan-European coverage.”
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