Madrid, November 25th 2025 – GLP Europe – a leading business builder, owner, developer, and operator of logistics real estate, now part of Ares Management Real Estate, has signed a lease agreement with Grupo Electro Stocks (“GES”), a specialist electrical, automation and heating and sanitary wholesaler, at OAXIS GLP Park Madrid Villaverde – creating the company’s new “GES Madrid” sales and distribution centre.
GES will occupy two adjoining units totaling 15,966 m², bringing together all GES teams, divisions and services under one roof, serving as a major operational hub for the Madrid region. The site will include a retail store, training rooms, a high-capacity warehouse, offices with technical support and logistics operations covering 17 delivery routes. More than 100 professionals will operate from GES Madrid.
Located in Madrid’s Villaverde district, just south of the city centre, OAXIS GLP Park Madrid Villaverde benefits from direct access to the main roads into the capital: the A-4, A-42, M-30, M-40 and M-45. The site also enjoys excellent public transport links via Metro de Madrid, EMT bus lines, and Cercanías Renfe trains.
OAXIS GLP Park Madrid Villaverde is the largest ongoing urban logistics development in Spain. The park spans more than 280,000 SQM of land and offers more than 170,000 SQM of buildable space for both speculative multi-tenant buildings and bespoke turnkey lease projects. The park is designed to support B2B, B2C and last-mile operations, and Building 1 already hosts another major tenant, Sqrups, which occupies a 10,546 SQM unit.
OAXIS GLP Park Madrid Villaverde has been designed with a flexible, modular layout and holds BREEAM Excellent and BREEAM Communities certifications, confirming its high standards of energy efficiency, environmental performance, and build quality.
Óscar Heras, Country Director of GLP Spain, said: “We are proud that leading companies such as Grupo Electro Stocks and Sqrups have chosen OAXIS GLP Park Madrid Villaverde. The Park reflects our vision for a modern, connected, and sustainable urban logistics hub, designed to meet the highest environmental credentials”.