Prologis to develop third build-to-suit facility at Wroclaw V (PL)

Prologis Inc., global owner, operator and developer of industrial real estate, announced that in the first quarter of 2013, it signed an agreement to develop an 18,300 m² Build-to-Suit (BTS) facility for Tradis, part of the Eurocash Group, at Prologis Park Wroclaw V. It is the third BTS facility to be developed at the park in less than 24 months.

Ewa Zawadzka, business development director, Prologis Poland, said: “We are delighted that Tradis has chosen to partner with Prologis to develop its new facility. They are a very important customer and we look forward to strengthening our relationship.

“As the third BTS in less than two years, the transaction further highlights the strategic importance of Prologis Park Wroclaw V as a key logistics location, while sending a positive signal to the wider Polish market.”

In the first quarter of 2012, Prologis delivered a 19,100 m² BTS facility to UPM Raflatac, a leading provider of self-adhesive label materials. More recently in the fourth quarter of 2012, it signed an agreement to construct a 17,800 m² BTS facility for a leading wholesale and retail supplier of white goods and electronic equipment.

Set on 70 hectares of land, Prologis Park Wroclaw V offers significant development opportunity, with total potential distribution space of up to 290,000 m². The park is adjacent to Wroclaw’s future ring road, three kilometers southwest of the Wrocùaw Bielany junction where the A4 expressway—which runs between Berlin and Ukraine—and route E261 intersect.

With four distribution parks and 17 buildings totalling 360,000 m², Prologis is the largest provider of industrial real estate in the Wrocùaw region.

Source: Tavistock Communications

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