Accolade has unveiled plans to invest €97 million in two industrial developments across the Valencia and Murcia regions, marking one of the larger single commitments by a pan-European logistics investor to Spain’s southeastern corridor in recent months. The projects, spanning a combined gross floor area of roughly 88,500 square meters, are currently in the planning phase with no tenants or construction timelines announced.
Alzira facility targets Valencia logistics corridor
The larger of the two developments will rise in Alzira, where Accolade intends to spend nearly €70 million on a 65,000 square meter complex catering to industrial, logistics and distribution tenants. The site was chosen for its proximity to the Port of Valencia, access to the Mediterranean Corridor railway route and connections to the main road networks serving the Valencian Community.
The Valencia region entered 2026 with nearly 750,000 square meters of industrial and logistics space under development, according to Savills. That marks the highest volume recorded in recent years, driven by investor interest in land availability and transport infrastructure that extends well beyond the traditional logistics hubs around Madrid and Barcelona.
Murcia project targets food and cold-chain sectors
In Alcantarilla, Accolade has set aside around €27 million for an industrial park of approximately 23,500 square meters. The development will primarily serve agribusiness, food production and temperature-controlled logistics companies — sectors with an established presence in the Region of Murcia whose technical specifications demand increasingly specialized facilities.
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Both complexes will be built on a build-to-suit basis, meaning the design and specifications can be tailored to the needs of a future occupier. At present, no tenants have been signed, and no construction start dates have been disclosed.
“Regional markets are playing an increasingly important role in industrial and supply chain deployment strategies,” said Eduardo Feliciano, Accolade’s business director for Iberia. He attributed the trend to a combination of connectivity improvements, available land and the ability to incorporate modern industrial assets at competitive costs.
Regional cities often offer lower land acquisition expenses and fewer regulatory obstacles compared to major metropolitan areas, which has drawn renewed attention from developers seeking faster approval cycles and occupiers requiring customized layouts that larger urban markets cannot easily accommodate.
The investment aligns with Accolade’s broader push into Spain, where it currently manages more than 100,000 square meters of industrial space and holds a project pipeline exceeding 350,000 square meters. The firm’s strategy centers on regional markets that combine existing manufacturing bases, international transport connections and room to absorb new industrial supply.
