JLL Helps ESR Lease Out Logistics Park in Greater Shanghai Area

As a logistics real estate developer, owner, and operator, ESR provides warehouse facility development and services for e-commerce, retail and cold chain industries, and provides logistics, production, and office facility development, as well as operations and management services for corporate customers. The group is committed to becoming one of the largest logistics developers in China and the Asia Pacific region

With its wealth of industry experience, JLL Industrial and Logistics team helped ESR to successfully lock in two internationally renowned retailer brands, Dyson and Gap, shortly after the completion of its warehouse in Wujiang’s Fenhu area. JLL also assisted ESR to complete the overall lease of the logistics park with a total area of 90,000 square meters. JLL helped the owners and tenants negotiate prices and conduct market research for tenants. After a multi-level selection process, they finally assisted the two tenants to select the Wujiang Fenhu Warehouse as their distribution center for the Greater Shanghai area. The project is ESR’s first warehouse property in Wujiang, and JLL successfully found high-quality tenants in a short period of time and helped its clients to meet their business target ahead of schedule.

The person in charge of ESR said, “I am very grateful for the professionalism of the JLL team. They have provided us with a wealth of industry knowledge and were always quick to respond. We are very satisfied with the results of this cooperation with JLL and look forward to further collaborations in the future.”