Element Industrial launches proximity storage Eli Xpress

Aurel Constantin 19/05/2020 | 22:33

Element Industrial announces the launch of Eli Xpress, a new line of business based on the concept of proximity storage. Eli Xpress warehouses will offer areas between 6,000 and 12,000 square meters and will be located close to large cities, or even inside cities.

“The acceleration of the transition from traditional retail to online retail will lead to sustained demand for flexible storage spaces, in locations that can ensure reliable delivery in a shorter time span,” explains Muler Onofrei, CEO & Co-Founder, Element Industrial.

The first project of this kind is Eli Xpress Constanța, a logistics park of 11,000 square meters, rented to Altex and Bere Băuturi Constanța. The project was purchased last year from the distributor of alcoholic beverages, Bere Băuturi. This warehouse is located on 131 A, IC Brătianu boulevard, an artery that ensures the entrance to the city from A2.

Element Industrial intends to build a portfolio of such smaller projects, through the direct acquisition of warehouses, or through the development of land that meets the requirements. At the same time, the developer continues to invest in the Eli Parks network, logistics parks of 50-60,000 square meters. The second phase of Eli Park 1, in Buftea – Chitila area, is being delivered during this period, and the company secured land in cities such as Craiova, Bacău, Târgoviște or Timișoara, and is now working on authorizing the projects.

The company is one of the newest players in the logistics space market. The developer is working on a series of projects under the Eli Parks brand, logistics parks with areas between 50-60,000 square meters, in Bucharest, Craiova, Bacău, Târgoviște or Timișoara, as well as on warehouses with smaller areas, grouped under the name Eli Xpress.

At the same time, the developer offers an integrated package of built to suit services for production and storage facilities, starting from the identification of land suitable for such developments, authorization, design, and delivery according to the specific requirements for each project.

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Aurel Constantin | 19/12/2022 | 18:45

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