Panattoni Europe, Poland’s leader in the industrial property market, is extending Park Łódź East with 24,000 sqm of multi-tenant space now under construction. Following its completion, the modern complex will feature as much as 187,000 sqm.
Another 24,000 sqm has been added to the 265,000 sqm of industrial and warehouse space currently under development by Panattoni in Poland. The combined value of pending projects exceeds EUR 187 M. Central Poland attracts customers for warehouse and manufacturing space due to its location and good transport infrastructure. What is more, it is anticipated that the Łódź region will enjoy increasing interest from tenants due to the construction of the A1 motorway between Stryków and Tuszyn. To capitalise on this trend, Panattoni Europe is increasing its warehouse space at Park Łódź East by 24,000 sqm.
Panattoni Park Łódź East is one of the developer’s four parks in Central Poland, the other being: Panattoni Business Center Łódź, Panattoni Park Łódź South and Panattoni Park Stryków. Park Łódź East is a modern distribution complex, offering a wide range of solutions in warehousing, logistics and distribution as well as manufacturing. At present it comprises four buildings totalling 163,000 sqm, and at full build-out the total space will be 187,000 sqm. The park lies in the direct vicinity of the “Łódź Wschód” interchange on the A1 motorway (Gdańsk-Cieszyn), barely 10 km from the city centre.
It is worth adding that Panattoni Park Łódź East won the Prime Property Prize of Łódź voivodeship for its wide range of solutions in warehousing, logistics and distribution, as well as for its impact and the role it plays in the commercial property market in the region. The facility was also honoured by the jury of the CIJ Awards 2013, naming it as the “Industrial Development of the Year”.
At present, Panattoni Europe is developing 265,000 sqm of new warehouse space in Poland, including two facilities for Amazon in Poznań and near Wrocław. Since the beginning of this year, the developer has delivered approx. 100,000 sqm of space in projects dedicated to such companies as Castorama Polska (50,000 sqm) and Polaris (33,600 sqm).
