GLP has reached an agreement with Romar Global Care for the construction and lease of a 50,400 SQM turnkey building. This development will mark GLP’s first logistics investment in the Valencia region.
Under the name G-Park Sagunto, the plot is already under construction spanning 80,000 SQM. For the Lidl shampoo and cream manufacturer, this marks a new stage of growth in Sagunto, as the new facility will allow Romar Global Care to double its production capacity. For Romar Global Care, the cutting-edge design and strategic location have been the key points in the choice of G-Park Sagunto. This warehouse will be used for the production, storage, and distribution of its products.
Pablo Rodríguez-Gimeno, Managing Director of Romar Global Care remarks: “Seeing this project become a reality means looking forward with the enthusiasm and ambition of a business group like RGC. The possibilities that this new location and facility provides for us are extraordinary. The location, the versatility of the design and its efficiency will allow us to know that it is a safe bet for the future of the company.”
The new building, which occupies just over half of the entire park, is expected to be operational in the fourth quarter of 2022.
The remaining space at G-Park Sagunto is being developed as a Class AAA speculative development on the adjoining plot, with a built-up area of 35,578 SQM, divisible into modules of 9,000 SQM, with a flexible design adapted to the client’s needs.
The second phase of the project, which is scheduled for delivery in July 2023, will provide the market with a logistics center designed for companies that require high quality space in the northern area of Valencia and are looking for excellent connections to the Mediterranean Corridor by motorway. Likewise, the location of the development will favour the link with the ADIF railway system and the ports of Valencia and Sagunto.
Óscar Heras, Director of GLP in Spain comments: “We are proud to welcome Romar Global Care to G-Park Sagunto. We are convinced that this project, which includes the latest advances in construction and quality standards above the market average, will help this leader achieve its objectives, including on an environmental level, as both buildings will have BREEAM Very Good sustainability certification”.
In this respect, the park will also feature an optimised corridor structure, high-strength floors and excellent planimetry, as well as a triple rainwater drainage system. Likewise, the offices inside the park will benefit from plenty of natural light.
Carlota Pérez Martínez
Email: [email protected]
Phone: 662 20 24 43 (Madrid)