LNK Properties plans to start the 3rd stage of „Baltijas Industriālais Parks” expansion

LNK Properties plans to start the 3rd stage of „Baltijas Industriālais Parks” expansion

Industrial park „Baltijas Industriālais Parks” in Riga, 7 Piedrujas Str., is one of the major warehouse, production, trading and office building complexes in Riga. The industrial park was put into commission in 2002 after the 1st construction stage, offering premises with a total area of 15 000 sq. m for the leaseholders.

Due to its convenient location (“Baltijas Industriālais Parks” is located within a 10 minutes ride from the Old Town and the left bank of the River Daugava) and well-developed infrastructure, there is an increasing demand for new and modern commercial premises. Thus the real estate developer „LNK Properties” has recently broadened the territory of „Baltijas Industriālais Parks” to 5 hectares and currently is expanding production, trading, warehouse and office premises to 18 500 sq. m. These premises are already fully reserved and will be available for leaseholders in summer 2014.

Taking into account the high interest of potential leaseholders, the real estate developer LNK Properties also plans to start the 3rd stage of industrial park’s expansion, increasing the area of warehouses, offices, trading and production premises to 6-8 000 sq. m. Concurrently to the 3rd stage of industrial park’s design works, premises are already offered to the potential leaseholders.