Prologis has signed a lease agreement with e-commerce platform Grupa Allegro, for 21,950 sq m at Prologis Park Błonie, Poland. The transaction involves 13,100 sq m of space that has been leased now and an additional 8,850 sq m that will be leased in 2017.
This represents the third lease agreement signed by Prologis in Central and Eastern Europe with an e-commerce company in the last quarter. BNP Paribas Real Estate Poland facilitated the transaction.
Zbigniew Smyczyński, Leasing Manager, Prologis Poland, stated, “We are experiencing a logistics boom within e-commerce in Poland, and expect lease agreements with these companies to total up to 700,000 sq m by 2020. We are pleased that Allegro has chosen Prologis Park Błonie as the location for its distribution facility. Suburban parks are becoming increasingly attractive locations for companies because of staff availability, attractive labour costs and relatively low rent costs.”
Prologis Park Błonie is a distribution centre comprising seven buildings totalling 152,000 sq m. Located 25 km to the west of the Warsaw city centre, and with strong road infrastructure links, it is designed for companies providing distribution services on both a European and regional scale.