Terranova Logistic Park, located on Șoseaua București-Târgoviște in northern Bucharest at the intersection with the city's ring road, was acquired by a group of investors active on the local market, for an undisclosed sum.
The project comprises two office buildings with areas of 2,000 sqm and 1,000 sqm, plus two warehouse halls of 7,000 sqm and 5,000 sqm, situated on a 25,000 sqm plot. The park was previously owned by a private group including the owners of Agora Plast, a plastics manufacturing company.
Several companies operate within the project, with an occupancy rate exceeding 95%. The only available spaces are office units totalling 700 sqm. The park benefits from direct access to Bucharest's ring road and public transport facilities, with a bus stop at the entrance and Străulești metro station just 1km away.
Ștefan Oprea, Consultant Land & Industrial Agency at Cushman & Wakefield Echinox said: "The main advantage of this project's location lies in its positioning, offering easy access to Bucharest's ring road. This area provides connectivity to the main road transport network around the capital, as well as to motorways, which is essential for logistics and distribution activities."
The industrial and logistics market in Bucharest continues to register growth. By the end of 2025, the total stock of industrial and logistics spaces in the Bucharest-Ilfov area exceeded 3.6 million sqm, with an occupancy rate above 94%. Increased domestic consumption and the expansion of e-commerce have driven demand for logistics spaces, making Bucharest an attractive destination for companies.
Cushman & Wakefield Echinox brokered the sale.
