European Logistics Investment with another investment
European Logistics Investment (ELI), together with its strategic partner, Panattoni, will develop a warehouse complex with an area of 12,800 sqm in Radom. The warehouse facility for AZZ, a New York Stock Exchange-listed manufacturer of specialized electrical equipment and a service provider for various sectors of the economy, is planned as a BTS (built-to-suit) investment. The lease agreement with AZZ Specialty Welding Europe has been signed for 15 years.
The project, planned as a BTS investment, involves the construction of a production and warehouse facility that will offer 10,700 sqm of warehouse space and 2,100 sqm of office space. The complex will also feature 94 parking spaces for passenger cars, two for trucks, and 24-hour security. The project is scheduled for completion in Q1 2021.
Both the design and construction of the facility will take into account AZZ's requirements – among other things, the building will feature welding towers capable of handling components up to 15 meters long, a hall with increased height and a reinforced roof structure, as well as flooring adapted to the tenant's specific requirements. The complex is to be built in accordance with BREEAM certification requirements.
