Panattoni continues to grow its portfolio of urban centres in Warsaw. The company has begun construction of City Logistics Warsaw IX next to the junction of ul. Utrata and ul. Zabraniecka in the city’s Targówek Fabryczny district, and the value of the investment will amount to €19 million. Half of the space is to be occupied by Inter-Mlecz, a distributor of some of the biggest grocery brands. The company is to move its current operations without disruption from a nearby location.
Inter-Mlecz, the distributor of grocery and dairy brands is to use freezer and refrigeration units within the centre. The park’s location provides good connections to the city centre including by road.
“What turned out to be the key advantages that Panattoni could bring to its partnership with Inter-Mlecz were the possibility of developing the space with the required temperature control facilities and the tenant being able to move its operations from a nearby centre. Once again we have demonstrated that our space can be adapted to meet the needs of clients from dozens of different industries and our City Logistics centres are the best proof of this versatility. It is in this segment that we can clearly see how our developments do not just serve as warehouses but as diversified platforms that combine different businesses and are built in attractive locations with easy access to customers and workers”, says Karolina Przygoda, the Senior Leasing Manager at Panattoni.
The developer has already developed City Logistics Warsaw IV in the Annopol district with an area of almost 40,000 sqm. One of the buildings has been fully leased out to TRUMPF Huettinger, from where it is to supply the markets of the US, Korea, and China. Polish-based electric bicycle producer Coci E-motion is also to use the park.
