10,700 sqm leased to ESA Group at Prologis Park Prague-Uzice – EuropaProperty

Prologis has signed a new lease agreement with ESA Group for 10,740 sqm at Prologis Park Prague-Uzice in the Czech Republic.

ESA Group, one of the leading logistics companies in Central Europe, will lease Building 2, making the 97,800 sqm Prologis Park Prague-Uzice fully occupied. The company is an existing customer of Prologis at Prologis Park Prague D1 East, southeast of Prague. Cushman & Wakefield brokered the transaction.

“Currently, our Czech portfolio is 99 percent leased, indicating the great market conditions and demand for the kind of quality and services that Prologis provides. It is always satisfying when current customers choose to expand their operations with Prologis, as it validates our business strategy to offer unrivalled customer service and support, while flexibly meeting the often specific needs of our customers,” commented Martin Balaz, director of leasing and development, Prologis Czech Republic and Slovakia.

“In 2017 ESA Logistika increased its warehouse capacity by approximately 30 percent to 137,000 sqm. With Prologis as our business partner, we have been able to execute our expansion plans in Prologis Park Prague-Uzice in a timely fashion and with minimum of fuss. We consider this as a follow-up and extension of mutually beneficial cooperation which started already in 2010. We value Prologis as a partner that continuously understands and fulfils our needs and are looking forward to working together across the CEE region,” commented Roman Pekrt CEO ESA Logistika.

Prologis Park Prague-Uzice is a modern logistics park located on the D8 highway, 9 kilometers north of Prague. The park comprises two fully leased logistics buildings totaling 97,800 sqm and has development potential of an additional 71,000 sqm.