The American manufacturer Crane ChemPharma & Energy has leased 3,000 sqm in Industra Park Arad, developed by Oresa Industra, to increase its production capacity on the local market.
The transaction was brokered by real estate consulting company Cushman & Wakefield Echinox.
“The Arad project is the largest industrial park developed in the city in the last 16 years, being the result of a successful re-conversion of a former commercial gallery into a modern space that meets all the requirements and norms of the industrial and logistics market . Currently, the park has an occupancy rate of 40 percent and accommodates tenants from both the industrial and logistics sector, as well as the commercial sector,” said Loredana Brehuescu, Investment & Leasing Manager Oresa Industra.
Last year, Oresa Industra also delivered 10,000 sqm of logistics space within Industra Park Iasi, which reached a total rentable area of 35,000 sqm.
