P3 has started the construction of a new warehouse at P3 Bucharest Park. The 13,900 sqm logistics facility will include 400 sqm of offices. P3 is already in advanced discussions with a potential customer interested in leasing the whole building.
Since it purchased the park in 2015, P3 has built a total of 90,000 sqm of new logistics space. This latest warehouse is P3’s 12th new build at the park. During this year it will add a further 65,000 sqm in three buildings, which means that P3 is well on the way to doubling the total size of the park in just two years.
The Class A building will incorporate energy efficient systems including cooling units, additional roof insulation, heat recovery and low consumption LED lighting.
Completion of the warehouse is scheduled for August 2017, with the potential for an occupier to take early access in June.
P3 currently has a total of 305,000 sqn in 11 warehouses at P3 Bucharest Park. It is located just 13 km from the city centre, P3 Bucharest park is on the city ring road, which provides easy access to all six Bucharest districts, Henri Coanda International Airport (22 km away) and the A2 motorway. P3 has recently completed three new buildings at P3 Bucharest Park and is also looking to expand in Bucharest as well as central and western parts of the country.