Prologis Park Wrocław V under further development
- Another 16,700 square meters under construction to be added to 156,000 square meter fully occupied park
- 36 percent of new development already leased
Prologis Inc., the global leader in logistics real estate, today announced that it has started development of a new 16,700 square meter facility at its fully occupied Prologis Park Wrocław V. The company has already signed the first pre-lease agreement for 6,000 square meters in the new building with a logistics operator in the aviation industry.
“We are constantly investing in the key economic centers of Poland, knowing how important it is for our customers to optimize their supply chains. With 1.8 million square meters of stock, Wrocław – being next to the Warsaw, Silesia, Central Poland and Poznań markets – is undoubtedly one of the most desirable locations in Poland,” said Magdalena Kostjan, leasing manager, Prologis Poland. “We are proud that our buildings’ quality, professional property management services and operational savings solutions attract customers from a wide variety of industries, ranging from light manufacturers, pharmaceutical and e-commerce to logistics and aviation."
The new facility is being constructed as part of the existing industrial and distribution center Prologis Park Wrocław V, which totals 156,000 square meters along with 102,000 square meters of additional development potential. As with all other Prologis facilities, the new building will meet the very highest construction standards and comply with the principles of sustainable development.
This 36 percent pre-let investment is designed to enable customers to flexibly set up an office within the building area. The facility features solutions that will streamline operations, including features such as an enlarged, 24-meter-deep loading and unloading area and more parking spaces than market standard. The building has an increased fire resistance of more than 4,000 MJ/sqm and comprises solutions that save energy and thus reduce costs, for instance LED lighting and increased natural daylight, as well as modern online management tools, such as a smart metering system and the Singu Facility Management platform.
Knight Frank facilitated the transaction.
Prologis Park Wrocław V is located adjacent to the Wrocław ring road and in the vicinity of the Bielany junction, at the crossroads of the A4 expressway and the S8/E67 expressway. This makes it well connected to the capital of Lower Silesia and enables effective distribution across Poland and neighboring countries.
With a portfolio totalling 2.4 million square meters of logistic and industrial space, Prologis is the leading provider of distribution facilities in Poland (as of 30 September 2018).