CTP premium industrial park developer started the construction works for CTPark Cluj II, a new logistics park located near Cluj-Napoca, in Floresti, a press release informs. The property will comprise a total leasable area of 30,000 sqm and will be finalised in three phases.
CTPark Cluj II is estimated to be completely delivered in December 2018. This is the second industrial and logistics park owned by CTP in Cluj County, after the development of CTPark Cluj I.
CTP continues to grow at an accelerated pace throughout the country and will deliver another premium park in Cluj county by the end of this year.
First phase of CTPark Cluj II will end in August 2018 and will consist in the construction of approximately 8,000 sqm GLA, which already has been preleased to a strategic client. The second phase will be finalized in October 2018, when approximately 11,000 sqm GLA will be delivered. The space is available for lease. The third and last phase will be completed in December 2018 when another logistics space of approximately 11,000 sqm GLA will be delivered. This space is also available for future tenants.
“The western part of the country, and Cluj County in particular, is developing fast economically. The demand for industrial and logistics space is at one of the highest levels we have seen in recent years, so CTP is adapting in order to meet the needs of its existing and future tenants. CTPark Cluj II will include only A-class buildings and the services provided here will be of the highest quality, as our tenants are accustomed to in all our parks. We look forward to continuing to develop our portfolio and maintain our position as market leader in Romania”, stated Emanoil Dascalu, Construction Director of CTP Romania.
The future space in CTPark Cluj II will be used for storage and production activities. The 22,000 sqm that are available for lease constitute a single warehouse with a flexible structure that allows space to be divided into different sizes, depending on customer’s needs, from 1,500 sqm to 10,500 sqm.
In Cluj, CTP finalized the development of CTPark Cluj I, a logistics park with a total leasable area of 33,500 sqm situated at 13 km from the centre of Cluj-Napoca, near the airport. The warehouse was completed in November 2017 and is occupied by Profi.