The logistics asset, with a total surface area of 11,000m², has been developed by P3 Logistic Parks and consolidates Illescas as a strategic location for logistics linked to national e-commerce

P3 Logistic Parks, a logistics warehouse manager and property developer, has signed a rental agreement with Correos Express for a 11,000m² logistics warehouse located in the La Veredilla Industrial Estate in Illescas, Toledo. The warehouse, which is located in an area of high logistical value, will be used for reception and shipping operations and consolidates Illescas as a strategic location for logistics linked to e-commerce. The operation has been advised by the consulting firm BNP Paribas Real Estate.
The development of this logistic warehouse is part of the first speculative project of P3 Logistic Parks in Spain, whose works have been recently concluded, according to the foreseen planning. The project consists of 2 warehouses, one of 11,000 m² rented to Correos Express and one of 36,000 m² currently available.
This asset has first class connections, establishing direct access to Madrid (30 minutes) and Toledo, and is located in a strategic area for national logistics, where major companies such as Amazon, Seúr, Toyota, Airbus or FM Logistique, among others, are located.
From a technical point of view, the warehouse has a highly flattened seamless floor, in accordance with American ACI regulations, and telescopic docks, which means an improvement in efficiency with respect to market standards. It also includes its own supply irrigation systems, uses natural resources from the area and the facilities have their own connection, via a cycle path, to the nearest train station in the municipality.
In addition, in line with all P3 projects, both buildings have the Breeam Very Good rating and use various eco-sustainable technologies, such as LED lighting and thermal insulation. They also have key elements, such as the roof, which allows for extra loading for photovoltaic panels, or the facade panels, which are more insulated and non-combustible. 
Correos Express is the express parcel delivery company of the Correos Group. It has a wide range of specialised services for online customers and solutions for the implementation of e-commerce platforms. Its customers include large companies such as El Corte Inglés, Amazon and AliExpress, as well as numerous Spanish SMEs.

Javier Merida, Managing Director of P3 Logistic Parks in Spain said, "We are delighted to have Correos Express as a new tenant in our P3 Illescas Park logistics park. With this facility, Correos Express is further strengthening its logistics network, incorporating a high performance building, built to the highest quality standards in the market. This operation, together with others recently signed in the area, consolidates Illescas as one of the most important logistics hubs in Spain, as well as a strategic location for distribution linked to e-commerce in the Central zone".