IProp building 93,500 sq m in Nadarzyn

The International Industrial Properties (IIProp) development platform has started construction work on a warehouse park in Nadarzyn with a planned area of 93,500 sq m. The work is being carried out in partnership with Panattoni. The first stage will comprise a 50,000 sq m building, which is scheduled for completion in February 2023. Already a tenant has been secured, an international logistics operator that works with one of the world's leading companies from the interior design and furniture sector. The pre-lease contract is for 51 percent of the space in the first stage. The park in Nadarzyn is near Warsaw's southeastern outskirts next to the S8 expressway. The centre is to be equipped with smart energy management systems, with daylight sensors for the outdoor lighting and electric vehicle charging stations.  The development is to be certified under BREEAM for a rating of 'Excellent'. International Industrial Properties is owned by Madison International Realty and Griffin Capital Partners. The platform invests in industrial and logistics space in key European locations. Currently, it is considering investments in France, Italy and Austria and recently it completed the first stage of a BTS project in Murcia in Spain. The platform's current portfolio comprises 430 sq m GLA. Looking for warehouse space in the area? We will be happy to help! Feel free to contact our consultants by email and phone.