Prologis develops new BTS facility in Prague

04
Apr
2019
News - Prologis develops new BTS facility in Prague #Czech Republic #industrial #logistics #Prague #Prologis

by Property Forum | Industrial

Prologis has begun a build-to-suit project totalling 9,817 sqm at Prologis Park Prague-Airport for CERVA GROUP a.s., a leading Czech producer of protective personal equipment and workwear.


This is an expansion of the existing facility 2A, which totals 32,032 square meters. Building 2B will feature the most up-to-date sustainable solutions and once complete by the end of the second quarter, CERVA GROUP will lease a total of 41,849 square meters at the park.
 
This building expansion will be the last development to take place at Prologis Park Prague-Airport. The park consists of a mix of BTS and speculative facilities, comprising five buildings totalling almost 136,000 square meters that are 92 percent leased.
 
“It’s been little more than five years since we began developing Prologis Park Prague-Airport. Chances to expand at what has become one of the best performing parks in our Czech portfolio are fast disappearing and we are delighted that an existing customer, CERVA GROUP, has taken advantage of this rare opportunity,” says Martin Balaz, Vice President, Country Manager at Prologis Czech Republic and Slovakia.
Martin Baláž

Martin Baláž

VP, Country Manager Czech Republic and Slovakia
Prologis

Martin Baláž joined Prague team in the role of Senior Leasing & Development Manager Czech Republic & Slovakia in September 2014. In February 2019 he has been promoted to VP, Country Manager Czech Republic & Slovakia. Prior to joining Prologis, Martin had 6 years experience in Real Estate working for Cushman & Wakefield holding recently a position of Associate Partner Head of Industrial and Retail Warehouse department in Slovakia as well as Head of Industrial Department Czech Republic. He graduated Technical University in Zvolen, Slovakia Faculty of Marketing and International Trade as well as MBA in Construction and Real Estate at College of Estate Management in UK. More »
Prologis Park Prague-Airport is adjacent to the D6 motorway at Exit 7, five minutes from Prague Airport. It has excellent access to national and international trade routes via the D0 to the D5 and D1 motorways. Public transportation links, including a bus stop in the park, provide connections to Kladno and Prague, as well as to the train station.



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