Logicor Secures Major Leasing Milestone with BREEAM Excellent Certified Logistics Asset in Corredor del Henares

Logicor Secures Major Leasing Milestone with BREEAM Excellent Certified Logistics Asset in Corredor del Henares

(IN BRIEF) Logicor has delivered its fully refurbished 37,000 sqm Miralcampo logistics platform in Azuqueca de Henares, Guadalajara, to Tw Logistics under a major leasing agreement. The asset is located in the Corredor del Henares, one of central Spain’s leading logistics hubs, and the transaction stands out as one of Logicor’s key commercial milestones in Spain. It was one of three new lease agreements exceeding 30,000 sqm completed by Logicor in the country during 2025 and one of only 10 deals of this size finalised in Spain’s central region last year. The platform underwent a comprehensive refurbishment focused on energy efficiency, technical upgrades and workplace modernisation, including a new insulating roof, upgraded façades, LED lighting, renewed fire protection and low-voltage systems, refurbished offices, new HVAC systems, improved warehouse flooring and renewed exterior pavements. Following the transformation, Miralcampo became the first Logicor asset in Spain to achieve BREEAM Excellent certification, supporting the company’s strategy of unlocking value from existing assets while providing customers with modern, sustainable logistics facilities.

(PRESS RELEASE) MADRID, 9-Jun-2026 — /EuropaWire/ — Logicor has completed the delivery of its fully refurbished Miralcampo logistics platform in Azuqueca de Henares, Guadalajara, following a 37,000 sqm leasing agreement with Tw Logistics.

The asset is located in the Corredor del Henares, one of the most active and strategically important logistics corridors in central Spain. With a gross leasable area of approximately 37,000 sqm, the platform strengthens Tw Logistics’ operations within Logicor’s Spanish portfolio and represents one of the company’s major commercial achievements in the market.

The transaction was one of three new lease agreements above 30,000 sqm completed by Logicor in Spain during 2025. It also ranked among only 10 logistics leasing deals of this size finalised across Spain’s central region last year, underscoring the scale and market relevance of the agreement.

Logicor carried out an extensive repositioning of the Miralcampo asset as part of its strategy to revitalise existing logistics facilities, enhance their operational performance and align them with current sustainability expectations. The refurbishment was designed to unlock the site’s full potential, increase its market value and provide customers with a modern, efficient and high-quality logistics environment.

The refurbishment included major improvements to energy efficiency and technical infrastructure. A new insulating roof was installed, façades were upgraded and LED lighting was introduced across the facility. The project also included a full upgrade of fire protection systems and low-voltage installations.

Office areas were also modernised and reconfigured into open-plan workspaces, with new flooring and HVAC systems. Additional improvements included the treatment of the warehouse slab with lithium silicate to increase durability, along with the complete renewal of exterior pavements. These upgrades have given the asset a more modern, efficient and functional profile.

Following the sustainable transformation, Miralcampo has become the first Logicor asset in Spain to obtain BREEAM Excellent certification, marking an important milestone in the company’s Spanish portfolio.

“The delivery of the fully refurbished Miralcampo platform reflects our strategy of unlocking value from existing assets while responding to our customers’ evolving needs. By repositioning this site, we have provided Tw Logistics with a modern, high-performance facility that enables the company to significantly scale up its operations, replacing its former warehouse with a more strategic facility,” said Pilar Valencia, Managing Director Logicor and Head of Spain.

The delivery of Miralcampo also reflects Logicor’s wider focus on portfolio renewal and asset performance. At global level, the company closed 2025 with strong financial and operational results, including 3.7% like-for-like rental income growth, re-leasing spreads of 25% and a customer retention rate of 72%.

During the same period, Logicor also advanced its capital recycling strategy, completing €704 million in asset disposals and reinvesting into €304 million of higher-yielding development opportunities.

Through the refurbishment and leasing of Miralcampo, Logicor continues to strengthen its presence in Spain’s logistics real estate market while responding to demand for efficient, sustainable and strategically located facilities in major distribution hubs.

Media Contact:

Logicor:
Cinzia Furlani. Sr Comms & Marketing Manager, Sur de Europa.  cinzia.furlani@logicor.eu  

LLYC:

Adriana González: adriana.gonzalezg@llyc.global, +34 674 200 720

SOURCE: Logicor