Prologis Launches Development of Third Facility at Prologis Park Szczecin

12 March 2015

Prologis, Inc., the global leader in industrial real estate, today announced it has begun construction of a third facility, totalling 27,650 square metres, at Prologis Park Szczecin. Construction
is scheduled for completion in the third quarter of 2015.

The Class-A building is nearly 70-percent leased. The lease agreements include:

• 8,640 square metres with Bridgestone Stargard Sp. z o.o., a subsidiary of Tokyo Bridgestone Corporation, the world’s largest manufacturer of tires and other rubber products;

• 10,370 square metres with the furniture company.

Prologis Park Szczecin is a state-of-the-art distribution centre, totalling 53,000 square metres, in North West Poland. It is located within Goleniów Industrial Park off the S3 motorway, about 40 kilometres from the German border and seven kilometres from Szczecin-Goleniów airport.

“With its proximity to main transport routes, Szczecin is an important logistics hub for both Poland and Germany, offering an ideal location for companies operating in Germany or Scandinavia to base their distribution centres,” said Ewa Zawadzka, vice president, head of land and development, Prologis Poland. ”The strong preleasing activity at the new facility reflects the high demand for Class-A product in Szczecin.”

With its active engagement in five CEE countries and a portfolio totalling 4.1 million square metres, Prologis
is the leading provider of distribution real estate in Central and Eastern Europe (as of 31 December 2014).

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