Goodman and Alpha Industrial to develop new distribution center in Poland (PL)

Goodman and Alpha Industrial will develop a 26,900-m² distribution and processing center in Wroclaw for TJX Europe, the off-price retailer that sells designer clothing and homeware accessories for up to 60% less in stores across Poland. The warehouse has been pre-let on a 10-year fixed term agreement.

Goodman Wroclaw

The warehouse for TJX Europe is Goodman's second development in Wroclaw.

Construction commenced in April 2011 and delivery of the completed distribution and processing center to TJX Europe is scheduled for November 2011, with an expected completion value of over PLN 80 million (approx. €21 million). SBH, property and construction consultants, will support TJX Europe with the new development.

"The warehouse for TJX Europe is our second development in Wroclaw," said Blazej Ciesielczak, Country Manager for Poland. "Due to the rapidly expanding transport infrastructure and increasing number of industries, including electronics, chemicals, food, pharmaceuticals, cosmetics and automotive, Wrocùaw has become an excellent location for companies involved in domestic and international distribution."

"We believe Wroclaw is a location with exceptional potential and that is why we have acquired an additional four hectares of land which is suitable for the development of a further 19,000 m² of logistics space," he said.

After realizing a 27,000-m² state-of-the-art distribution and processing center for TJX Europe in Bergheim, Germany, Cologne-based Alpha Industrial strengthens its partnership with the leading off-price fashion and homeware retailer.

"Our relationship with TJX Europe started in 2009 and is characterized by mutual trust," said Jörg Schröder, Managing Partner of Alpha Industrial. "While both companies have created a valuable partnership based on the great success in Bergheim we are thrilled to realize a second environmentally friendly built-to-suit facility for one of the world's leading retail companies by entering the Polish real estate market in cooperation with Goodman, who provide long-standing experience in Poland."

Under the 10-year agreement, TJX Europe will lease the 25,500-m² warehouse and 1,400 m² office space. The new facility will be built in the northeast section of Wroclaw, near the 25,695-m² warehouse that Goodman developed for Whirlpool in 2008.

Source: Goodman

Related News