Cushman & Wakefield and another agent won a co-exclusive mandate to market Logicor’s asset at Ermida Logistic Park
25/10/2023
The asset, is located in the Ermida industrial area (Santo Tirso), comprising four independent units, that are currently in the final stage of construction, expected to be delivered in December 2023.
With a total warehouse area of 28,895 sq. m and a large office space of 1,597 sq. m, each unit has a ceiling height of 11.4 metres and is equipped with 8 loading bays and LED lighting. The external area has 266 car parking slots for light vehicles and 32 for heavy vehicles.
Ermida Logistic Park is one of the most important logistics complexes in the Greater Porto area and is located just a few minutes away from the city, offering excellent accessibility and a consolidated communications network. Located just 3 minutes away from the A3 motorway and close to the airport, as well as, the main ports in the area. This industrial park (which has undergone a major expansion project), also accommodating prestigious tenants from several industries.
André Machado, Director of Asset Management, Portugal | Logicor: “Our customers want to be in areas from which they can operate and distribute effectively, with high standard of quality and sustainability. Ermida, is a project that fully meets all requirements” says André Machado, Director of Asset Management at Logicor in Portugal, "Portugal remains an attractive place to invest and that's why we're looking for high quality assets that can withstand these headwinds."
Mário Jacob, Associate, Head of Porto | Cushman & Wakefield: "Ermida Logistic Park has everything needed for success - accessibility, quality, sustainability, space flexibility, and delivery by the end of 2023, perfect for companies searching for immediate solutions. With recently improved access roads, the Ermida Industrial Zone is well-established and stands as one of the most outstanding destinations in Greater Porto.”
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