Marq Logistics has reached a major agreement to lease 220,000 square meters of its latest project in Guarulhos. This deal represents the largest real estate lease ever executed in the logistics sector in Brazil. The transaction involves the GLP Guarulhos III site and was confirmed using data provided by JLL.
The development was originally planned as a speculative project but has now shifted to a build to suit arrangement. This allows the global customer to tailor a large portion of the 250,000 square meter facility to its specific needs. Construction is currently underway and is expected to finish in the fourth quarter of 2026. Marq noted that the choice was based on the modern infrastructure and the strategic location of the site.
Mauro Dias, Head of Brazil Real Estate at Ares Management, commented on the significance of the deal. “This agreement marks a historic milestone for Marq in Brazil and for the logistics sector as a whole, and we are proud to deliver the country’s largest logistics real estate lease ever recorded,” said Dias. He also noted that the lease shows the customer’s trust in the technical skills and credibility of the team. “This lease reflects our customer’s confidence in the quality of our developments, the technical capacity of our team and our credibility as an operator of choice, and we look forward to supporting the customer’s success as it scales its operations,” he added.
Environmental standards are a central part of the new development. Marq is using technologies designed to lower the use of water and electricity. The building materials have been selected to limit the environmental impact and improve operational efficiency. Design features also focus on natural lighting and better air flow for staff. The project is aiming for global green building certifications such as LEED.
Marq Logistics was formerly known as GLP Brazil and continues to focus on high performance assets. This record transaction highlights the continued demand for modern logistics space in the region. The firm is working to provide solutions for increasingly complex supply chain requirements.