Aerial view of the ID Logistics warehouse at P3 Wrocław II park, surrounded by agricultural fields.

ID Logistics extends lease agreement in P3 Wrocław II Park

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ID Logistics, a leading logistics operator, has extended its lease agreement for 23,000 sqm of space in GLP Warsaw I Logistics Centre. This transaction is a continuation of the cooperation that began in 2018 and is a testament to the attractiveness of the Warsaw logistics market. JLL company supported the tenant in the lease renegotiation process. &nbsp;ID Logistics Polska S.A. currently manages a total of 50 locations dedicated to the implementation of contract logistics and cross-dock services for distribution network&nbsp; with a total warehouse space of over 1.3 million sqm. The company handles over 100,000 FTL (Full Truck Load) shipments and 8 million groupage shipments annually, and is specializing in serving the retail, FMCG, e-commerce, beauty, fashion, and luxury goods sectors.<blockquote>“Our continued presence in GLP Warsaw I Logistics Centre is the result of careful market analysis and our operational needs. The key factor was the proximity of the warehouse we operate for PepsiCo to the manufacturing facility, which allows us to maintain a high level of service for this important client," says&nbsp;Rafał Lewandowski, Contract Management Director at ID Logistics Polska.&nbsp;</blockquote><blockquote>"ID Logistics not only gains optimal lease terms but, most importantly, the assurance that their logistics operations will run smoothly and efficiently. The solution we negotiated takes into account ID Logistics' specific business needs, which directly translates into financial and operational benefits for the company. We are confident that this transaction will contribute to ID Logistics' further success and growth in the market," comments&nbsp;Monika Woźniak, Senior Director in the Industrial Agency at JLL.</blockquote>GLP Warsaw I Logistics Centre is a modern logistics park with a total area of 53,000 sqm, located by the A2 motorway (Grodzisk Mazowiecki junction), just a 15 minute drive from the Warsaw outskirts. The strategic location of the facility provides connections to the capital as well as central and western Poland. The building management utilizes many solutions that facilitate daily cooperation with clients and their operations, including an app for contacting the facility manager and an automated entry system with license plate recognition. There is also plenty of greenery – both in the form of natural flower meadows and carefully designed ornamental plantings.<blockquote>"We are pleased to continue working with ID Logistics, and are proud of our strategy focused on the regular improvement of the quality of our parks and in-house property management. Thanks to regular enhancements across our facilities, we continue to deliver a high quality service to our customers," says&nbsp;Jarosław Czechowicz, Country Manager at GLP.</blockquote>As JLL experts point out, the logistics sector in Poland shows signs of sustainable growth. In 2024, total gross demand reached an impressive level of 5.6 million sqm, representing a 10% increase compared to the previous year and 6% above the five-year average. Particularly noteworthy is the record volume of lease renewals, which amounted to 2.3 million sqm, accounting for 41% of total demand. At the same time, new demand maintained a stable level of 3.3 million sqm, slightly exceeding the result from the previous year.&nbsp;These data reflect the cautious but optimistic approach of tenants who, in the face of a dynamically changing market environment, are increasingly deciding to renegotiate and extend existing agreements.