Leading DIY chain OBI has leased approx. 5,500 m² of office space of Lincor Business Center for its office in Russia. The company will occupy several floors.
Cushman & Wakefield represented the tenant and S. A. Ricci represented the landlord. OBI Russia plans to move into new office in the first half of 2012.
"Deal negotiations took a longer time, OBI has strong Corporate Standards and was very scrupulously checking every detail. We are glad that OBI has finally choose Lincor," comments Pavel Yanshevskiy, Partner at S. A. Ricci.
"Lincor is one of the quality business centers in this district, with a vacancy rate of less than 30%."
"It is very important that Lincor business center situated in the same district as previous office of OBI Russia points out Irina Nevrova, Senior Consultant, Occupiers Services at Cushman & Wakefield - this means that the move to the new office have as little inconvenience for staff and clients as possible."
Lincor Business Center situated in the West of Moscow. It was delivered in February 2011 by developer Brycetown. The total area of the center is 63,000 m² with a GLA of 31,000 m².
Lincor consists of two buildings and underground parking for 455 lots. Such companies as O'STIN (8,000 m²), Rittal (1,500 m²), Sodexo (1,400 m²) are among the business center largest tenants.
Source: Cushman & Wakefield