May 30, 2019

P3 building a central warehouse for PepsiCo

P3 building a central warehouse for PepsiCo

P3, long-term investor, developer, owner and manager of logistics properties in Europe, has announced the signing multiannual contract with PepsiCo for the lease of 58,470 sqm of modern warehouse and office space at P3 Mszczonów park. This will be the largest PepsiCo facility in Poland forming concern’s distribution network and operating as a central warehouse.

BartÅ‚omiej Hofman, Managing Director P3 Logistic Parks in Poland, said: “I am delighted that PepsiCo, another large multinational brand, has decided to cooperate with P3, recognising the potential of P3 Mszczonów park. Its convenient location and our flexible approach to our clients’ needs and requirements have been making it a popular choice among companies from various sectors for many years now.”

PepsiCo is a global leader in the manufacture of food and beverages. Its carbonated and non-carbonated soft drinks, fruit juices, water, and savoury snacks are produced in Poland. Logistics and warehouse processes that have so far been run by the company in several locations throughout Central Poland will be consolidated in the central warehouse in Mszczonów.

Constant changes in the FMCG market require faster and more efficient methods of delivering products to customers. To maintain a competitive market position, manufacturers are constantly seeking new ways to deliver products faster to their business partners and, as a result, to consumers. This is no different for PepsiCo, the market leader in food and beverage products.

Bernard Wierzbik, Customer Service & Logistics Director Central Europe PepsiCo, commented: “The new logistics unit in our structures – a central warehouse – is a key element of the PepsiCo project to modernize the warehouse system of finished products in Poland. The new warehouse, thanks to its close distance to three of our four factories, becomes an important distribution centre for PepsiCo in Poland.”

The warehouse for PepsiCo will be the sixth building at the P3 Mszczonów park. The park already holds a total of 160,000 sqm of modern warehouses. The developer also has land allowing for the further expansion of the investment.

Piotr Bzowski, Leasing & Development Director P3 Logistic Parks in Poland, said: “We always do our best to meet the needs and expectations of our Clients and propose facilities that are best fitting to the specific nature of their business; I’m convinced that this will also be the case this time. The warehouse for PepsiCo will have a custom height of 12 m, and the fire resistance class of the facility will be over 4,000 MJ. Moreover, PIR-core panels effectively insulating the buildings will be used in construction to ensure effective building insulation against external factors.”

The P3 Mszczonów Park is located only 50 km south-west of Warsaw, along the S8 expressway connecting the Capital with the south of Poland, and close to the A2 motorway linking the western and eastern parts of the country, as well as the A1 motorway which runs from the south to the north.

Józef Grzegorz Kurek, the Mayor of Mszczonów, said: “I’m thrilled that Mszczonów is such an attractive location for an ever greater group of investors and that companies like P3 are successfully supporting us in attracting them here. Thanks to this, the municipality can develop dynamically and is a good place to work and live”.

JLL, the real estate advisory company, represented the client in this lease transaction.

Tomasz Mika, Head of the Warehouse and Industrial Department JLL in Poland noticed: “This is our next project for PepsiCo, who is a very demanding tenant looking for the highest quality warehouse space situated in well connected locations. P3 met these requirements and was selected to deliver new distribution centre. We are grateful to PepsiCo for their trust and cooperation in the next successful transaction. Our client’s warehouse at P3 Mszczonów park not only supports dynamic development of the warehouse sector in our country, but also activates the local labor market”.

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