SEGRO, a leading owner, developer and operator of modern warehouses, industrial assets and data centers, has signed a lease with Monoprix for a unit of approximately 1,300 sq m at SEGRO Centre Paris Les Gobelins, its urban logistics hub located in Paris’s 13th arrondissement.
Monoprix is setting up a satellite warehouse there to supply its Parisian stores in Beaugrenelle (15th arr.) and Saint-Michel (5th arr.). This location allows the retailer to bring part of its supply chain closer to its retail locations, as close as possible to their customer base, as part of a strategy focused on operational efficiency and local urban logistics.
This new lease agreement demonstrates that SEGRO Centre Paris Les Gobelins is well placed to provide businesses in the retail, distribution and logistics sectors with an inner-city solution capable of supporting the performance of their Paris operations, at a time when logistics real estate is becoming increasingly scarce in the heart of major metropolitan areas.
The unit leased by Monoprix offers approximately 1,300 sq m of space, a loading dock accessible to 19-metric-ton trucks and two ground-level access doors. These features enable the organization of logistics flows tailored to the needs of a retail chain located in the city center.
From the SEGRO Centre Paris Les Gobelins facility, textile and home goods are delivered in packaged form from Monoprix’s central warehouse. They are then prepared on-site by the retailer’s teams before being transported directly to the relevant stores via daily shuttle runs operated by light commercial vehicles.
For Monoprix, this facility provides a practical solution to the challenges of supply chain management in a dense urban environment, ensuring a steady supply of inventory to its stores.
Following DB Schenker (through its subsidiary Les Triporteurs Français) and a major Chinese e-commerce player, the arrival of Monoprix confirms the appeal of the SEGRO Centre Paris Les Gobelins to companies with complementary profiles that are committed to transforming their urban logistics models.
Laurence Giard, Directeur Général France de SEGRO, indique :
“Monoprix’s arrival at the SEGRO Centre Paris Les Gobelins is a very concrete demonstration of the role that urban logistics can play in the performance of downtown retail. By enabling an iconic brand that is part of Parisians’ daily lives to bring its inventory closer to its stores, our site proves its operational value. Les Gobelins is a rare real estate asset within Paris that supports business performance and new logistics models that are closer to the city, more agile and better adapted to urban constraints.”
Located in the Olympiades neighborhood, in the immediate vicinity of Paris’s major thoroughfares, SEGRO Centre Paris Les Gobelins spans a total of 75,000 sq m, including 50,000 sq m of flexible rental space. Designed to meet the evolving needs of urban retail, the site enables businesses to bring their logistics operations closer to their end customers while optimizing their supply chains in the heart of the city.
Accessible 24 hours a day, 7 days a week, the site offers infrastructure that is rare within Paris and suitable for a wide variety of uses: retail, e-commerce, transportation, urban logistics, services, bike logistics and off-site warehousing.
This transaction was completed with the assistance of EOL (a Dils company), a real estate consulting firm specializing in industrial, logistics and commercial properties.
