This 24,000 m² expansion, built by Faubourg Promotion, the IDEC group’s developer, brings the total surface area of the building to 92,000 m², out of the 384,000 m² Hub & Flow logistics portfolio.

This most recent phase represents the completion of the project launched in late 2021 with the acquisition of the first two 68,000 m² sections of this logistics platform, leased to Adéo Group, owner of the Leroy Merlin chain and the world’s third-largest retailer of consumer goods for DIY and home décor. Adéo has taken over the entire site and extended its occupancy until 2032.

The property benefits from a rare strategic location in an under-serviced sector that is highly sought-after in the “European backbone” for international trade. Ideally situated at the heart of the industrial port of Marseille, France’s second-largest port, the warehouse’s unique geographical positioning gives it access to a large, high-quality employment pool, while enabling the businesses based there to directly reach 12 million consumers.

You can now read the full press release at the link below