European Logistics Investment BV (ELI) together with its partner – Panattoni will deliver an advanced warehouse complex at a site located in Radom, Poland. Planned as a BREEAM certified, build-to-suit facility with a total GLA of 12,800 sqm, the project will include manufacturing, warehousing and service operations zones. The warehouse has been pre-let to AZZ Specialty Welding Europe on a 15-year lease.
AZZ Inc., listed on the New York Stock Exchange (NYSE), is a speciality electrical equipment manufacturer and provider of highly engineered services to the global markets in various sectors.
Planned as a build-to-suit property, it will feature an advanced hi-tech warehouse-manufacturing facility, providing 10,700 sqm of warehouse space and 2,100 sqm of office area, including 94 car and 2 truck parking spaces and 24/7 security, in order to meet company’s growing capacity needs and accommodate 300 employees. The site, located in Radom, the second-largest city in the Masovia region, provides excellent connectivity with Warsaw, Łódź, Cracow and Silesian industrial cluster, having immediate access to the S7 motorway and convenient access to the A2 motorway. The project is being developed by ELI together with Panattoni, a market-leading European logistic developer with planned delivery date targeted for the Q1 2021.
The facility will be designed and constructed to meet AZZ’s requirements – for example, it will be equipped with welding fixtures fit to handle elements of up to 15 metres in length, a raised roof of the hall with reinforced structure, as well as custom-designed flooring. It will also be built to comply with BREEAM certification and bearing in mind employees’ comfort – the building will provide natural light and constant temperature.
“High-class warehouse project with great connectivity, advanced solutions in construction and sustainability – our newest investment, executed in partnership with Panattoni, combines all the key characteristics of the most attractive logistic projects that are currently in high demand. Therefore also ELI – aspiring to become a leading logistics platform, couldn’t miss such a great opportunity to expand its high-quality portfolio,” says Hubert Rossa, Senior Vice President Investments at Griffin Real Estate responsible for ELI platform development.
The portfolio of ELI comprises sixteen logistics parks with a total lease area of over half a million sqm located in the most important logistics regions in Poland, including Warsaw, Łódź, Kraków and Upper Silesia. The company plans further grow of the portfolio over the next years, to become the leading Polish logistic platform. ELI’s strategic partner is Panattoni Europe, the European leader in industrial real estate.