Panattoni has announced the long-term lease of a unit in the south building of Panattoni Park Porto Valongo, located in the town of Valongo, in the Porto Metropolitan Area, with a total area of 5,885 sqm – of which 210 sqm is office space – to the logistics and transport company THC. The transaction was brokered by Savills Portugal.
Panattoni Park Porto Valongo is a multi-tenant logistics park, allowing for modular or full occupancy. The project comprises two buildings – the north warehouse, with 26,475 sqm, currently let, and the south warehouse, with 49,930 sqm, totalling 76,400 sqm of gross lettable area. THC will use this space to serve a key client in the environmental sector, with the asset’s location enabling the optimisation of transport and storage flows.
It is located approximately 25 minutes from the centre of Porto and the Port of Leixões, with direct access to the A41 and A4 motorways, and is approximately 27.7 km from Porto Airport.
In terms of sustainability, the park holds BREEAM ‘Very Good’ certification, and features include energy-efficient LED lighting and charging points for last-mile electric vehicles.
“We welcome THC to Panattoni Park Porto Valongo, a project that is very special to us as it marks our first development in Portugal. This park reflects our commitment to the growth and modernisation of the logistics sector in the country, helping to provide infrastructure that meets the current and future needs of businesses”, said Gustavo Cardozo, Managing Director of Panattoni Iberia.
For Dinis Teixeira, COO of THC, this facility represents a strategic step in strengthening their operational capacity in the North region. “Over more than 25 years, we have built a solid operation, with roots in Arruda dos Vinhos and a presence in the North through our branch in Maia. This new facility allows us to serve a key client in the environmental sector with the operational conditions that this type of project demands: strategic location, modern infrastructure and management flexibility. Alongside this facility, we are also strengthening our operational capacity in Benavente, which gives us more comprehensive geographical coverage nationwide. For THC, this is about consolidating what we have been building: a certified Portuguese company with an operation that is growing steadily and is focused on the real challenges faced by our clients”, he added.
