The work has started on Cártama's new business park. / SUR

National and international firms show interest in new business park in Cártama

The first deal for a 5,000-square-metre module is to be finalised in the coming weeks


Cártama's new business park has attracted the attention of several national and international logistics companies. Construction on the park is to be finished by the second quarter of 2022.

Commercial real estate consultant CBRE is currently negotiating with companies interested in the 85,000 square metres of industrial space. The project has nine different-sized logistic centres individually catered towards each company's needs, offering spaces from 2,500 to 21,300 square metres under a single roof.

The first deal for a 5,000- square-metre centre is currently in its final stages and will close "in the coming weeks," according to CBRE's logistics director for Eastern Andalucía.

CBRE is also negotiating deals with other logistical operators, both at a national and international level. The warehouses on offer are of very high quality and at a competitive price. The cost is under the 'prime' rent price of 5.5 euros per square metre, per month that's offered at other industrial parks in the area.

The project's promotor is Newdock, a platform specialising in investment, development and logistics management, all under the umbrella of Goldman Sachs Asset Management. A total of 17 million euros was invested into the plan. "This project is a great investment. It's possibly the biggest private investment ever made in the town," said Jorge Gallardo, the mayor of Cártama.

Economic impact

Gallardo pointed out that the construction works are the conclusion of 16 years of hard work to make this project a reality. He also mentioned the importance the business park will have on the town, as it will create 500 jobs of different qualifications and bring a positive economic impact on different sectors related to the activities coming out of the complex. "This project is a turning point for Cártama and represents a great future for our municipality," said the mayor.