The lease process was brokered by Dunwell Industrial Brokerage. Negotiations started in June and were completed in October.
Pepsi has expanded by 10,000 sqm the warehouse already operated within logistics park CTPark Bucharest, by leasing a space in a new building whose construction was completed in October.
The second transaction was brokered for Star Foods, a brand in PepsiCo portfolio since 2004, and targeted a 17,000-sqm space within logistics park Olympian Park East Bucharest in Popesti-Leordeni, held by Helios Phoenix Group. The building under construction is due for delivery in March 2019.
Dunwell, the first and only exclusive real estate industrial broker in Romania, is a start-up established in 2017 in Bucharest. Dunwell’s executive partners are Marian Orzu, who boasts a 14-year experience in the field, Daniel Cautis, with a seven-year experience in the profile industry and Laurentiu Badea who boasts almost 16 years of experience on the Romanian real estate market.