Kerry Indev leases 3 lakh sq ft warehouse from IndoSpace in Sri City
The facility is built exclusively for supporting Mitsubishi Electric India’s (air conditioning business) operations.
IndoSpace leased 3 lakh sq. ft. of warehousing space to 3PL services provider Kerry Indev Logistics in Sri City.
Kerry Indev, headquartered in Chennai, has a global presence spanning 59 countries and territories.
The facility, which occupies a space of 3 lakh sq. ft. is built exclusively for supporting Mitsubishi Electric India’s (air conditioning business) operations. The 3PL logistics provider has a well-established tenant portfolio including key OEMs from automotive and electronics manufacturing across India. The logistics park is situated within the industrial ecosystem provided by Sri City, renowned for its strategic location and world-class infrastructure.
Rajesh Jaggi, vice chairman – Real Estate, Everstone Group, said, “We are deeply honoured to continue being the partner of choice for Kerry Indev Logistics. This renewed association is a testament to the trust they place in our capabilities, and we will continue to innovate and provide best-in-class solutions to all our partners and operate with the highest governance.”
Xavier Britto, chairman, Kerry Indev Logistics, said “We are excited to extend our partnership with IndoSpace offering Grade A assets and having a robust presence across India. The facility aligns with our mission to provide top-notch logistics and warehousing solutions to our clients. This facility, strategically located at Sri City, coupled with an ideal infrastructure, will enhance our operational efficiency, thereby enabling us to match customer expectations.”
IndoSpace has a national network of industrial and logistics facilities spread across 11 cities with 51 parks and 58 million sq. ft. delivered/ under development.