
AMB Property and Panalpina signed a lease agreement for 59,000 square feet in a development immediately adjacent to Madrid's Barajas International Airport.
Panalpina is expanding its operations in the Madrid market.
AMB Barajas Logistics Park totals approximately 444,000 square feet, part of AMB’s European portfolio of more than 14 million square feet of operating and development facilities.
Contact Thomas L. Gallagher at tgallagher@joc.com.