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News Release

London

JLL advises Prologis on the acquisition of the Iceland Distribution Facility, Enfield


London, 15th June, 2014 - JLL has advised Prologis, the global leader in industrial real estate, on acquiring a 246,000 square feet cross-dock distribution centre off market on a 14.5 acre site at Innova Park in Enfield, London.

The facility, which includes ambient, chilled and frozen storage areas along with a separate vehicle maintenance unit, is fully let to Iceland Foods Ltd.

Joel Duncan, Director in Capital Markets at JLL commented: “The acquisition of the Iceland facility at Enfield fits Prologis’s strategy of investing in prime locations across London and the South East and to acquire the property off market is a real coup for Prologis.”

JLL acted for Prologis and the vendor was represented by Strutt & Parker.​