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Airport City Building “C” reaches 100% occupancy

A new tenant has signed a lease agreement in Airport City Logistics Park near Ferihegy airport. Trilak Festékgyártó Kft will move to Building “C” in October resulting in 100% occupancy for the building.

Many companies are interested in the second phase of the park – Building “D” – as well and the landlord is in serious negotiations with further future tenants, said property advisor DTZ in a press release.

Trilak is the member of American-owned PPG EMEA, the second largest consortium of paint industry in Europe. Their decision for Airport City Logistics Park was based on the high flexibility of the landlord, the special technical fit-out and the strategic location of the park, DTZ said. The company has acquired 3,016 square meter of warehouse space in Building “C” and will move in in October 2010.

Airport City Logistics Park, developed by Ablon, is located close to the junction of the Ferihegy airport clearway and Üllői út, five minutes from the airport and the new section of M0 highway. The first phase of the park was delivered in Q1 2008 containing 8,300 square meter of storage and 2,000 square meter of office accommodation with now 100% occupancy. The second phase, Building “D”, handed over in January 2009, offers another 9,300 square meter of warehouse and office space. Airport City has proved to be very popular among Hungarian and international logistics and commercial companies as a result of the excellent location, the flexible layout and customs services on site, the company said. (BBJ)