ELEMENT INDUSTRIAL LEASES 20,000 SQ M TO ARCTIC

09/20/2019

Arctic, one of the main players on the home-appliances market, has leased 20,000 sqm at Eli Park 1, the logistic project developed by Element Industrial in Buftea-Chitila area.

The location is a strategic one, with direct access to National Road 7 and in the immediate vicinity of the main highways- A1 (North-West), A2 (East) and A3 (North). Also, the distribution center is located just 60 km from the Arctic factories in Gasti and Ulmi.

The national distribution center of Arctic in ELI PARK 1 has 22 loading points and operates 24/7, in 3 shifts, in order to be able to prepare at full capacity for deliveries.

The new warehouse is operated by a modern WMS system, which controls in detail the products from the moment they enter, until they leave the warehouse.

ELI PARK 1 is a logistic park with a GLA (gross lettable area) of 50,000 sqm. The first phase of 20,000 sqm was delivered this summer, and the second phase, with an area of 30,000 sqm will be delivered   in the spring of 2020, one of the tenants for the second phase being Paste Baneasa.

The logistic project is served by several public transportation lines and is located at a distance of 4 km from Bucharest Ring Road, with direct access to a national road with four lanes, DN 7.