Prologis Launches New Investment in Strykow
Prologis, Inc, the global leader in logistics real estate, today announced that it will deliver a 11,740 square metre build-to-suit (BTS) facility for Geis PL, a German logistics operator, at Prologis Park Stryków. The project is scheduled for completion in the fourth quarter of 2016.
The new cross-dock facility will feature a large number of loading gates on both sides of the building, a design that will help to optimize the customer’s operations. At the request of the Geis, both the parking area and the picking area will be expanded, whereas the office space will be provided in the form of a pop-out office.
“We needed a trustworthy and reliable partner. We chose Prologis because of our long-standing relationship with the company in the Czech Republic, where we have our distribution facility at Prologis Park Ostrava,” said Michal Martinovic, Managing Director Central and Eastern Europe, Geis Group. “We also took into account the excellent location of Prologis Park Stryków, which has access to the A1 and A2 motorways, as well as the fact that Prologis owned the land, which enabled the project to begin immediately.”
“When delivering BTS projects, the key to success is understanding the needs of our business partner. Our dedicated project team studied Geis’ operational processes in detail and proposed structural solutions that ensure their optimisation,” said Ewa Zawadzka, vice president, head of land and development, Prologis Poland.
Prologis Park Stryków is located within one kilometre of the junction of two main motorways: A1/E75 (Gdańsk-Vienna) and A2/E30 (Berlin-Moscow). The road infrastructure connects the Łódź Metropolitan Area with the entire country. At completion, the park will comprise 115,500 square metres of modern logistics space.
With its active engagement in four CEE countries and a portfolio totalling 4.3 million square metres, Prologis is the leading provider of distribution facilities in Central and Eastern Europe (as of 30th June 2016).
ABOUT PROLOGIS
Prologis, Inc. is the global leader in logistics real estate with a focus on high-barrier, high-growth markets. As of June 30, 2016, the company owned or had investments in, on a wholly owned basis or through co-investment ventures, properties and development projects expected to total approximately 666 million square feet (62 million square metres) in 20 countries. Prologis leases modern distribution facilities to a diverse base of approximately 5,200 customers across two major categories: business-to-business and retail/online fulfillment.
FORWARD-LOOKING STATEMENTS
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