Panattoni to deliver almost 25,000 sqm in Panattoni Park Siedlce

European industrial real estate market leader Panattoni is building a distribution center in Siedlce and by doing so it is also opening up a new market for modern warehousing space. Panattoni Park Siedlce comprising 24,600 sqm is to be an alternative location to Warsaw and will meet the demands of thriving e-commerce, as well as of local business development. The project is being built not far from the center of the city near the A2 motorway just over an hour from Warsaw.

Panattoni and e-commerce are driving the development of further local markets – now the time has come for Siedlce. The company is now developing Panattoni Park Siedlce comprising two buildings with a combined area of 24,600 sqm with half of the planned space to be delivered by April 2022. This will be the first class-A warehouse in the region. The project already has its first tenant – a logistics operator who is to take up 5,500 sqm from September this year.

“Now it’s Siedlce, while earlier it was Rzeszów, Wałbrzych, and Kalisz. These locations prove that the trend is for e-commerce delivery companies to penetrate deeper into the market. Businesses are reducing the distances of the final leg in the delivery chain to the customer by placing their centers near smaller towns and cities. This allows them to maximize their effectiveness by cutting costs and delivery times. Combined with the growth of the local business, this is the most important reason for modern warehousing space to be built where previously only facilities of a lower standard were available,” Michał Samborski, the Head of Development of Panattoni, said.

(WBJ)