Terranova Logistic Park Acquired by Local Investors
Terranova Logistic Park, a prominent logistics hub strategically located in northern Bucharest on Șoseaua București–Târgoviște, has been successfully acquired by a group of local investors. The transaction, mediated by Cushman & Wakefield Echinox, underscores the robust demand and sustained growth within the capital's industrial and logistics real estate market.
Prime Office and Warehouse Solutions Available
For businesses seeking flexible and well-connected premises, Terranova Logistic Park offers a compelling proposition. The park features a versatile mix of facilities, including two modern office buildings totaling approximately 3,000 sqm (2,000 sqm and 1,000 sqm) and two substantial storage halls, measuring 7,000 sqm and 5,000 sqm respectively. These structures are situated on an expansive plot of approximately 25,000 sqm, providing ample space for diverse operational needs.
Currently, the park boasts an impressive occupancy rate exceeding 95%, reflecting its high desirability. Businesses looking for immediate opportunities should note that approximately 700 sqm of office space is currently available, offering a rare chance to secure a foothold in this sought-after location.
Unbeatable Connectivity and Strategic Location
Terranova Logistic Park’s strategic position is a key advantage for companies focused on efficient distribution and accessibility. The property benefits from direct access to Bucharest's vital Ring Road, ensuring seamless connectivity to major transport routes. Furthermore, excellent public transport connections are available, and the park is conveniently located near the Străulești metro station and Mogoșoaia train station, facilitating easy commuting for employees and efficient goods movement.
Bucharest's Industrial & Logistics Market Continues Strong Growth
This transaction takes place amidst a period of sustained and significant growth in Bucharest's industrial and logistics market. By the end of 2025, the total stock in the capital is projected to exceed 3.6 million sqm, with an overall occupancy rate consistently above 94%. This vibrant market environment, coupled with high demand, makes Terranova Logistic Park an even more attractive prospect for businesses planning expansion or relocation within the region.
With its strategic location, versatile facilities, and the backing of a dynamic market, Terranova Logistic Park represents an ideal choice for businesses aiming to optimize their logistics and office operations in Bucharest. The recent acquisition by local investors further solidifies its position as a key player in the region's commercial real estate landscape.
Source: forbes.ro
