WROCLAW, POLAND-Prologis, Inc. has inked a deal with a leading Polish retailer for a 376,000 square foot (34,900 sqm) distribution center here.
The new facility will be located in Prologis Park Wroclaw V, adjacent to Wroclaw's ring road and within close proximity to major transportation routes.
"As the fourth build-to-suit in less than two years, this transaction further highlights the strategic importance of Prologis Park Wroclaw V as a key logistics location," said Ben Bannatyne, managing director, Prologis Central & Eastern Europe. "Supply chain consolidation and a rapidly growing consumer class continue to drive demand for logistics infrastructure in Central Europe."
Set on 173 acres (70 hectares) of land, the park will total more than 3.1 million square feet (290,000 sqm) of class-A logistics space at full build-out. Upon completion, Prologis will submit the building for BREEAM certification.
Prologis is the largest owner and operator of industrial real estate in Poland with a portfolio totaling more than 20.5 million square feet (1.9 million sqm).
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David Phillips
David Phillips is a Chicago-based freelance writer and consultant with more than 20 years experience in business and community news. He also has extensive reporting experience in the food manufacturing industry for national trade publications.
