Prologis preleases 75 percent at Prologis Park Wrocław V DC5
Prologis has preleased 20,600 sqm of industrial space at Prologis Park Wroclaw V DC5 to Hi Logistics Europe, increasing the amount of preleased space at the facility to 75 percent.
Hi Logistics Europe is an affiliated logistics company of LG Electronics and repeat customer. This new agreement increases Hi Logistics Europe’s portfolio with Prologis to more than 98,500 sqm in Europe.
Hi Logistics will use the new speculative facility to serve the Polish, German and Czech markets. The property will be the first of its kind in Lower Silesia to incorporate energy-efficient lighting - a solution that optimizes operating costs. In addition, the building will feature a reversed pillar layout, which excludes the first line of support structures, providing Hi Logistics with an expanded picking zone. The facility will also include concrete truck ramps and a higher number of docks with arch roof skylights.
“With this lease agreement, the 27,000 sqm facility is 75 percent leased prior to planned completion in the third quarter,” said Ewa Zawadzka, vice president and head of development, Prologis Poland. “Wrocław is the best location to implement Hi Logistics’ strategy of centralizing operations in the region and we are pleased to support their continued success.”
Prologis Park Wroclaw V currently includes four delivered build-to-suits totalling more than 90,000 sqm. Customers include Eko Holding, Neonet, Tradis, and UPM Raflatac. The park has additional development potential of 98,000 sqm.