In Santa Iria da Azóia, the Panattoni Park Lisbon-City is set to emerge as one of the largest logistics projects in Greater Lisbon. This project, co-exclusively marketed by Cushman & Wakefield and Savills, boasts distinctive and impressive architecture. Anticipated for completion by the end of 2025, the Panattoni Park Lisbon-City aims to address the country’s current logistics needs.
The project offers a total area of 85,000 square meters, comprising various warehouse and office spaces. Situated in an area that forms a crucial logistics axis in the country, this asset is conveniently located near the city gates. It features multiple warehouse units for cross-docking operations and logistics, with various available area options.
The logistics park will include a total office area of 5,000 square meters and 122 loading and unloading docks distributed across four buildings. The warehouses will have a minimum ceiling height of 10.5 meters, a fire risk level of 2, sprinklers, and a floor load capacity of 6 tons per square meter. Additionally, the complex will provide ample parking space for over 300 vehicles and vans, electric vehicle charging stations, and bicycle parking facilities within each of the four warehouses.
With a total area of 85,000 square meters (GLA), the park will have the capacity to accommodate four properties: three warehouses for multiple tenants and a cross-docking facility for a single tenant. Additionally, the three warehouses will be flexible enough to accommodate multiple tenants in smaller units starting from 5,400 square meters (each with 10 loading and unloading docks).
Aligned with Panattoni’s sustainability strategy “Go Earthwise with Panattoni,” the project will be certified as BREEAM “Excellent” for sustainable construction, ensuring compliance with the highest sustainability standards.
Situated just 5 minutes from the A1 highway and 11 minutes from Lisbon Airport, this asset stands out as a distinctive solution for companies in need of Grade A logistics space in Lisbon.
“We are delighted to announce our expansion in the Portuguese market. Portugal offers excellent investment conditions in our sector, allowing us to grow alongside local and international companies operating in Portugal. The Panattoni Park Lisbon City is a clear commitment to continued growth in different markets across the Iberian Peninsula, with a strong focus on Portugal in recent years,” says Gustavo Cardozo, General Manager of Panattoni for Spain and Portugal.
Sérgio Nunes, Head of Industrial, Logistics & Land at Cushman & Wakefield, adds: “We are very excited to announce our participation in the marketing of one of the most important logistics parks in Greater Lisbon. Panattoni is the number one developer in this sector in Europe, providing us with special confidence due to their extensive experience, ensuring that this project will be of excellence. This logistics park will meet the need for new high-quality spaces in the city. We will provide a park capable of handling the last mile of distribution while also offering a large structure (big box) that will significantly reduce delivery costs for companies.”
Detailed Technical Specifications:
Warehouse #1: 29,142 m² GLA (up to 3 tenants)
Warehouse #2: 18,119 m² GLA (up to 2 tenants
Warehouse #2: 18,119 m² GLA (up to 2 tenants
Cross-dock: 8,859 m² GLA (single tenant)
