The developer Speedwell has been granted the building permit for its first industrial project, SPACEPLUS. Construction works for the first warehouse will start soon, while the estimated delivery term is Q2 2022.

SPACEPLUS has been launched earlier this year and represents a new concept on the Romanian market. The product addresses to SMEs that are looking for flexible warehouse solutions, additional services, and features. The concept offers standard storage or production units, for light industrial and/or logistical usage.

The first warehouse will provide its tenants with a total of 10,000 sqm of storage space for companies to rent, with units ranging from 400 to 600 sqm in surface and a clear height of 6m. Larger surfaces, of up to 2000 sqm can also be rented, by adding up more units. Additional services include heated storage spaces, office space and sprinklers.

Speedwell aims to turn SPACEPLUS into a nationwide brand, with locations in all major cities. The first warehouse is located in north-western Bucharest and features direct access from the ring road, easy access to and from the city centre and proximity to the exit towards the A1 highway.

Having the building permit in place, construction works will kick off soon and the first units will be available in Q2 2022.