Panattoni Europe, an affiliate of industrial real estate developer Panattoni Development Company, has leased over 14,000 m[sup]2[/sup] of office space at its Park Ozarow located west of Warsaw. Cushman & Wakefield represented Panattoni Europe in the negotiations with pharmaceutical wholesaler, ACP Pharma.
Panattoni Europe, an affiliate of industrial real estate developer Panattoni Development Company, has leased over 14,000 m2 of office space at its Park Ozarow located west of Warsaw. Cushman & Wakefield represented Panattoni Europe in the negotiations with pharmaceutical wholesaler, ACP Pharma.
ACP Pharma - the first tenant in the logistics centre - will occupy 13,750 m2 of warehouse space and 800 m2 of office space.
Panattoni Park Ozarow is being developed on a 13.7 ha plot and will include three buildings will 65,000 m2 of space. Delivery is scheduled for the second quarter of 2009.
Tomasz Olszewski, Partner, head of Industrial Department of C&W, said: 'I believe that O¿arów commune shows a huge potential as a location of distribution centres servicing both a local and national market. Demand for warehouse space around Warsaw is the highest among all regions. The first quarter of 2008 saw the demand on the level of more than 230,000 m2.'
