Prologis signs BTS agreement with Prime Cargo – EuropaProperty

Prologis has signed an agreement for a 11,200 sqm build-to-suit facility at Prologis Park Szczecin with Prime Cargo, a Danish third-party logistics company.

The property will serve as a distribution centre for Prime Cargo’s customers in Scandinavia. Prologis Park Szczecin provides direct access to road and ferry routes, enabling quick delivery of goods. Completion of the building – developed on Prologis’ existing land bank – is scheduled in the third quarter of 2014.

“Prologis Park Szczecin is an ideal place for companies operating in Germany or Scandinavia” said Ben Bannatyne, managing director and regional head, Prologis Central & Eastern Europe. “Proximity to key transportation routes makes the park an important and strategic location for the 3PL distribution market.”

Prologis Park Szczecin is a fully-leased, modern distribution centre in northwest Poland totalling 41,800 sqm. Other Prologis customers at the park include: Swedwood, Rhenus Logistics, KIM HURT, and DB Schenker.