News Article Czech Republic development industrial Prague Prologis speculative
by Import Sys | Industrial

Prologis has begun construction of a new 14,477 sqm speculative facility at Prologis Park Prague-Airport. The expected completion is for the first quarter of 2018.


“The speed with which we leased our previous speculative development and full occupancy of the entire park indicates strong customer demand for space in the Prague West region. The decision to build this project in Prologis Park Prague-Airport was a logical move,” said Martin Baláž, director of leasing and development, Prologis Czech Republic and Slovakia.
 
Prologis Park Prague-Airport is adjacent to the D6 motorway at Exit 7, five minutes from Prague Airport. The park currently consists of three fully leased facilities totaling 73,000 sqm and has potential development for another 9,600 sqm. It has excellent access to national and international trade routes via the D0 to the D5 and D1 motorways.
 
Prologis is a leading provider of distribution facilities in the Czech Republic with more than 1 million square metres of logistics and industrial space (as of 30 June 2017).