CBRE has advised UPM Raflatac, a large global producer of self-adhesive labelstock, in their search for a light industrial facility for labelstock slitting operations in the Moscow Region.
UPM rented production and office space in Noginsk-Eastern warehouse complex of the Raven Russia's chain of grade-A warehouse properties. In this deal CBRE represented the owner of the property, Raven Russia.
UPM Raflatac occupies premises in the first phase of Noginsk-Eastern Logistics Park (class-A warehouse with a total area of 303,866 m²). Phase one was commissioned in 2009. Another two phases are proposed with build-to-suit opportunities available.
The logistics park is located in the Noginsk District of the Moscow Region, in close proximity to the town of Noginsk, right on the M-7 Moscow-Nizhniy Novgorod federal highway, 44 km from the MKAD, between the 'Betonka' and the proposed CKAD (Central Ring Highway). Other major tenants of the park are the well-known companies as Roto Frank, Sanitec, Alkon, Ontex, X5 Retail Group.
UPM Raflatac started the new finishing and distribution operations in September 2011.
Lance Pilant, Director & Head of Warehouse & Industrial Agency Services department, CBRE in Russia, comments on the deal: "UPM Raflatac is one of the global leaders in label material manufacturing, and approached CBRE in mid-2010 for advice on where to locate its new light production facility in the Moscow Region.
"After a thorough search and selection process, the chosen facility was Noginsk-Eastern. This reflects the high-quality of industrial property developed by Raven Russia, and their 'hands on,' professional approach aimed at meeting the needs of global tenants entering the Russian market."
Victor Afanasenko, Leasing and Marketing Director, Raven Russia said: "We are pleased to welcome UPM Raflatac as a new tenant at our Noginsk Logopark. The fact that the company has chosen Noginsk-Eastern for its business needs shows that the high quality of the rented space is an important factor for premium brands.
"We value the agreement with UPM Raflatac highly and wish our new tenant every success in its business on our site."