Panattoni Europe to expand Panattoni Park Myslowice (PL)

Panattoni Europe, a leader in Poland's warehouse space sector, is expanding Panattoni Park Myslowice. The space offered by the new building, the sixth at the park, is 17,500 m².

Panattoni Park Myslowice

Panattoni Park Myslowice.

The facility has already been fully leased by: Ruch SA – one of the biggest press distributors in Poland and Adesso, part of the group Redan SA. Both transactions were mediated by Colliers International.

Panattoni Europe is expanding its park in Myslowice, one of the largest distribution centers in Poland. To date, the five buildings comprising the center totaled 133,580 m² of space.

The new facility, which will be added to an existing building, amounts to 17,500 m² and has been leased in full. Its tenants are: the leader of the press distribution market, Ruch SA, occupying 7,500 m², and Adesso – owner of Textilmarket discount stores, which will occupy 10,000 m². Construction works on the facility have already started, and once they are completed, Panattoni Park Myslowice will comprise 151,080 m² of space.

The cooperation between Panattoni Europe and Ruch SA started last May during the execution of new projects at Panattoni Park Gdansk and Panattoni Park Business Center Lodz. The leader of Poland's press distribution market then leased 10,700 m² of Panattoni space. The contract signed to lease 7,500 m² at Panattoni Park Myslowice, brings the total space leased by Ruch SA from the developer up to 18,200 m².

"RUCH SA is a business with history going back almost a hundred years, with a brand that is recognized by nearly all Poles, and the latest changes, the new logo of Ruch SA, or replacement of points of sale are just parts of an adopted strategy.

"We pay a lot of attention to building on our biggest strengths, that is without a doubt our customer and supplier base, logistic know-how related to press distribution, or Poland's biggest sales network. Due to these reasons, we decided to cooperate with Panattoni Europe in as many as three of their locations, of strategic interest to us," said Maciej Karolak, Marketing Director, Ruch SA.

The other tenant of the new facility at Panattoni Park Myslowice is Adesso - part of the Redan SA group, responsible for the textile discount chain Textilmarket. The new, 10,000-m² investment will be used by the tenant as a warehouse, serving a target of about 500 shops. The Textilmarket chain intends to start moving into the new facility before the end of the year.

On the choice of the new location, Bogusz Kruszyñski, President of the Board of Redan SA, said: "When selecting the new warehouse from among several available locations, we were guided both by the location as well as the financial terms offered.

"The terms of cooperation agreed with Panattoni Europe are beneficial in terms of the costs, but also flexible enough to allow us to respond to changes that may arise in the future."

Panattoni Park Myslowice is one of the biggest distribution centers in Poland. The park, which will ultimately comprise eight buildings, is situated near the A4 motorway, along the S1 expressway. At full build-out, the park will feature approximately 200,000 m².

The distance from the Py

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