More than 2,500 square meter site in Lisbon anchors XPO in key strategic logistics region in Portugal, with reach across Iberia. 
Cushman & Wakefield managed leasing of new facility.

XPO, a leading provider of innovative and sustainable end-to-end logistics solutions across Europe, is opening a new 2,586-square-meter facility at the Lezíria Park logistics complex in Forte da Casa, Lisbon. Cushman & Wakefield, a leading global real estate services consultancy, manages the leasing of the center on behalf of Serris Reim, the asset management company that owns the logistics hub. 
 
The arrival of XPO Logistics in Lezíria Park will expand the company’s service in the Iberian Peninsula. The Park is located in a well-established logistics area, just 30 minutes from the center of the Portuguese capital with direct access to the main transportation routes to Faro, Madrid and Porto, including the N10 highway and the A1 freeway. 
 
The new XPO logistics facility will provide integrated solutions in last-mile and contract logistics services for its customers in Lisbon and southern Portugal. In turn, the existing Lisbon hub and the Pombal and Porto hubs will continue their full-truckload, part-load and pallet business, covering the national territory as well as Spain and Europe. With this approach, XPO optimizes logistics efficiency in all its operations. 
 
Massimo Marsili, Managing Director of XPO Logistics in Southern Europe and Morocco, said: "We are very proud to announce the arrival of XPO in Lezíria Park. This step allows us to strengthen our presence in a strategic region for both Portugal and the entire Iberian Peninsula. For our customers in the region, we will continue to offer industry-leading service of excellence, with our focus on innovation, sustainability and people as cross-cutting pillars of our business. We thank Cushman & Wakefield and Serris Reim for their outstanding efforts to reach an agreement and for their support for XPO becoming a central part of one of the most important logistics areas in southern Europe." 
 
Sandra Ferreira, Senior Consultant, Industrial, Logistics & Land at Cushman & Wakefield, added: "This lease not only reinforces the strategic position of this logistics park but also underlines our ability to attract the most powerful players and companies in the market to the region. The presence of XPO Logistics, a leader in integrated logistics solutions throughout Europe, is an example of the potential and attractiveness of Lezíria Park as a logistics hub of excellence." 
 
Serris Reim Portugal Asset Manager José Caldeira said: "We welcome the arrival of XPO Logistics at Lezíria Park. It is another important step in our asset management strategy, focused on maintaining a portfolio that is 100% occupied by reference entities. Special thanks are due to Cushman & Wakefield for their support in making this partnership a reality." 
  
With this new center, XPO Logistics will reach 79 logistics hubs throughout the Iberian Peninsula. The company is the absolute leader in pallets in this region, with 22,000 pallets delivered or picked up every day (1 every 2 seconds). It also makes 4,300 daily last-mile deliveries of bulky products in sectors such as DIY, household appliances and furniture, demonstrating constant growth in this area.