Stella Pack to take up 17,000 sqm in Panattoni Park Lublin II

22
Aug
2022
News - Stella Pack to take up 17,000 sqm in Panattoni Park Lublin II #industrial #Lublin #Panattoni Europe #Poland #Stella  Pack #warehouse

by Property Forum | Industrial

Panattoni has leased out 17,000 sqm in Lublin to Stella Pack, one of the largest distributors of chemical cleaning products and a producer of hygiene products. The leasing agreement was brokered by consultancy BNP Paribas Real Estate.


Stella Pack operates effectively from the Lubelskie region where it has warehouses and a factory and, from January 2023, it will use 17,000 sqm of new warehouse and production space within Panattoni Park Lublin II. 

“Our decision to increase and consolidate our production and warehouse space is yet another milestone in the development of Stella Pack. In this way, we are going to adjust our production and logistic resources to meet the needs of a rapidly changing market. Drawing on the experience of Panattoni, we can quickly and effectively raise our quality and improve our capabilities to serve our clients while we ensure both a high standard of our work and prepare for the further development of our company” - explains Juliusz Żuławski, Logistics Director, Stella Pack S.A.

“When we started development in Lublin over seven years ago, we saw that both the Lubelskie region and all of Eastern Poland had huge potential that in time would be transformed into interest from tenants. This next leasing agreement for space in Panattoni Park Lublin II is confirmation of how right that decision was. It also motivates us to further expand our local portfolio, which already comprises 190,000 sqm and is set to grow by a further 51,000 sqm in the new year. What especially pleases us is that, once again, one of our developments has turned out to be an excellent fit for the operations of a client and it will allow them to expand, which will have a positive effect on the entire market” – says Katarzyna Osińska, Development Director from Panattoni.

International consultancy BNP Paribas Real Estate Poland was involved in the transaction. "The Panattoni Park Lublin II location was an ideal fit for Stella Pack’s business model. I am immeasurably pleased that, through the signing of this contract, the tenant will soon be able to develop their business in high-class production and warehouse space ideally suited to their needs" - says Martyna Kajka, MRICS, Associate Director in the Industrial – Logistics Department, BNP Paribas Real Estate Poland.

Two steps from Via Carpathia. Panattoni Park Lublin II, where Stella Pack has leased space, is located in the Niemce administrative district, 8 km from the Lublin bypass, nearby the S19 expressway and the planned route of the Via Carpathia transnational highway, which is to run down the entire length of the EU’s eastern border and at the same time join together the separated regions of the east of Poland including such cities as Białystok and Rzeszów. The nearest junction onto this road is planned to be built just 500m from the park.

Panattoni Park Lublin II will eventually comprise three buildings with 84,500 sqm. The tenants of the complex include Varroc Lighting Systems, a leading producer of next-generation indoor lighting systems and electronics to control vehicles for the automation industry.  The company occupies over 25,000 sqm.  




Latest news


New leases

  • mBank, the digital banking company in Poland, has decided to relocate its largest corporate branch in Lower Silesia to the Infinity office building in Wrocław. The company will occupy nearly 1,300 sqm on the fourth floor of the building. The tenant will move into the development owned by Avestus Real Estate and Alchemy Properties in January 2027.
  • GSP Global Solutions Provider has further expanded its cooperation with CTP by leasing an additional nearly 7,000 sqm in CTPark Budapest Vecsés on a long-term basis.
  • Lighting solutions provider Luxiona has secured 430 sqm of office space at the Warsaw-based Greenwings Offices complex. The site will serve as the company's Polish HQ and a dedicated showroom for its lighting range. Axi Immo represented the tenant in the transaction.

New appointments

  • Krzysztof Wróblewski (MRICS) has been named Head of Portfolio Management CEE at Peakside Capital Advisors, responsible for overseeing investments and managing the real estate portfolio. He succeeds Christopher Smith in this role.
  • Garbe Industrial is reorganising its senior leadership team. CEO Christopher Garbe will now focus on strategic orientation and international activities. Jan Philipp Daun assumes leadership of the Development division alongside his existing Investment and Joint Venture responsibilities. Andrea Agrusow expands her remit to include Portfolio Management while retaining control of Commercial and Real Estate Management. Additionally, Michael Marcinek and Maik Zeranski will now jointly head the restructured Development unit as Management Board Members, succeeding Adrian Zellner.
  • CPI Property Group is strengthening its leasing structure with the appointment of Agnieszka Baczyńska as Head of Leasing. In her new role, she will be responsible for shaping and executing the leasing strategy across the group’s office and retail portfolio in Poland. At the same time, Izabela Potrykus has been appointed Leasing Office Director. Baczyńska brings more than 20 years of experience in the commercial real estate market. Prior to joining CPI Property Group in 2022, she served as International Leasing Director at Neinver Polska.


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