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ProLogis to develop rail-served distribution park in London

Distribution facility developer ProLogis has announced plans to develop a 158-acre rail-served distribution park in London — the first of several rail-served distribution parks ProLogis expects to develop in the United Kingdom.

To be called ProLogis Park Howbury, the park will include an intermodal facility and four large industrial warehouses. Rail infrastructure will connect the park to major freight-rail routes, seaports and other rail-served logistics parks throughout the country. ProLogis plans to launch construction in the first quarter.

"Companies with logistics requirements are increasingly realizing the environmental, commercial and operational advantages of moving product by rail," said Andrew Griffiths, ProLogis' U.K. managing director, in a prepared statement. "We believe that rail freight is important to the future of the logistics industry in the U.K."

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More News from 1/4/2008