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GXO Signs Landmark Tenancy Deal with Equalbase Sunway 103° Free Commercial Zone

  • christisheryl
  • Sep 23
  • 2 min read

Major Lease Agreement Sets New Standard for Logistics in Johor/Singapore


Artist’s impression of Warehouse 2 at 103° FCZ within Sunway City, Iskandar Puteri, Johor
Artist’s impression of Warehouse 2 at 103° FCZ within Sunway City, Iskandar Puteri, Johor

Singapore, 22 September 2025  Equalbase, a Singapore-headquartered sustainable industrial real estate developer specializing in modern logistics and industrial spaces across Asia, announced today that GXO Logistics, Inc. (NYSE: GXO), the world’s largest pure-play contract logistics provider, has signed a long-term tenancy agreement with Equalbase. The deal secures GXO the entire 720,000 square foot warehouse at 103° Free Commercial Zone Phase I in Johor Bahru, Malaysia.


This state-of-the-art facility—strategically located less than an hour from Singapore—will serve as a central hub to support GXO customers across the region, boosting efficiency and strengthening their supply chains. It is built to international standards in health, safety, compliance, and sustainability, while offering direct access to the region’s most dynamic trade corridor.


“This new, modern site represents our expanding business in the region and further adds to our global capabilities in the Johor-Singapore Special Economic Zone,” said Jorge Guanter, President, Americas and Asia Pacific, GXO. “Along with its advanced logistics capabilities and superior safety and sustainability credentials, the site allows GXO to offer valuable free trade zone benefits to customers that need to import, store and export goods without incurring customs fees. Our new facility gives brands the flexibility and value they need while taking the complexity out of their global supply chain.”


With GXO moving in, Warehouses 1 and 2 of Phase I are now fully leased. The development of Phases 2 and 3 continues where buildings will feature advanced multistorey logistics facilities.


103° FCZ Warehouse 2 progress at Sunway City, Iskandar Puteri, Johor
103° FCZ Warehouse 2 progress at Sunway City, Iskandar Puteri, Johor

“We’re thrilled to welcome GXO to 103°,” said Nicholas Bischoff, CEO of Equalbase. “This isn’t just a warehouse—it’s a grade A hub built for operational excellence and future growth. Partnering with GXO, a leader in innovation and sustainability, reflects our shared commitment to the next generation of logistics infrastructure.”


103° is the first Free Commercial Zone that is rapidly emerging as one of the most compelling logistics hubs in the region co-owned by Equalbase in partnership with Sunway Group, one of Southeast Asia’s foremost conglomerates. Its green-certified infrastructure, global-grade specifications, and strategic access to Singapore and Johor’s fast-evolving JS-SEZ make it a prime location for top-tier companies.


 
 
 
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