CTP has announced the successful completion of 23,000 square meters of space within its CTPark Arad West project, with an additional 20,000 square meters ready for tenant fit-out. This newly completed 12-meter-high space is already leased by companies including Leoni Wiring Systems Arad, Delfingen, HUF Romania, and BNB, providing state-of-the-art facilities for logistics and production activities.
Strategically located in Arad’s primary industrial area, CTPark Arad West offers exceptional connectivity, situated just 1 km from the ring road, 3 km from Arad city center, and 7 km from Arad International Airport. It is close to both the Hungarian and Serbian borders. The park, which will encompass a total of 100,000 square meters, features high visibility and direct access to the A1 motorway and the future Bucuresti-Timisoara-Arad-Nadlac motorway, part of the Pan European transport corridor linking western and southeastern Europe.
“Today’s companies demand modern facilities that offer ample room for expansion. We are currently in advanced negotiations for a significant portion of the remaining space. CTPark Arad West stands as the ideal solution for both manufacturing and storage needs, providing businesses with the opportunity to thrive in a strategically located and integrated hub,” said Aurel Cîrstea, Business Development Manager Transylvania at CTP.
With an additional 20,000 square meters under construction and ready for tenant fit-out, this modern industrial park presents an excellent opportunity for businesses seeking a prime location with access to public transport and top-notch amenities. The park features environmentally friendly elements such as superior insulation, LED lighting control systems, landscaped green spaces, and a rooftop photovoltaic system.
CTPark Arad West is on track to achieve BREEAM Excellent sustainability certification, highlighting CTP’s commitment to creating high-quality, efficient, and sustainable industrial spaces. The park aims to enhance workplace quality of life with beautifully landscaped areas and relaxation spaces for employees, their families, and the broader community.
Holding the Industrial Park Title, CTPark Arad West is officially recognized as a strategic industrial park in Romania, offering various benefits to its residents. It continues to attract significant interest from multinational companies, reflecting its high-quality space, dynamic business environment, and exceptional location.
With a portfolio covering 2.9 million square meters of Class-A sustainable modern warehouses, CTP Romania is poised for growth, holding a landbank of over 3.5 million square meters in various cities. The company has over 200,000 square meters of industrial and logistics space currently under development in Arad, Bucharest, Brasov, and Sibiu, with plans for further expansion throughout 2024. This development is set to accommodate manufacturing facilities, logistics, and other key industries such as retail and automotive.
