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September 2009

ProLogis Leases 382,000 Square Feet of Its Development Portfolio to Marks & Spencer in the United Kingdom

A new lease agreement at ProLogis Park Stoke in the UK for 382,000 square feet to Marks & Spencer, a leading UK retailer.

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Demographics

The People You Need

Stoke-on-Trent has a population in excess of 240,000 of which 83,000 are within a 2-mile walk to work radius. The work force has a reputation for loyalty, with many having easy access to ProLogis Park, Stoke, so there is plenty of resource, no matter how big your demands. There is also a cross section of skills locally, ranging from low to high with the majority being in the semi-skilled or non-skilled sectors.

Wages in the area are significantly lower than the national average, a typical wage for a semi-skilled packer or storeman is £17,328 p.a. compared to the national average of £21,552 p.a.*

*Source: Instaffs

working population within 20 minute drive

Typical wage

Prologis