14. Februar 2012     Print Print 

Panattoni to manage Stolica Business Center

Panattoni Europe has been chosen by Pramerica Real Estate Investor to be the property manager for the Stolica Business Center near Warsaw. The developer will also be responsible for the commercialization of the distribution center.

The industrial space developer and manager has become the manager of a 24,600-square-metre investment, Stolica Business Center, a modern distribution center 95% leased to three tenants. The investment comprises three buildings; totalling 5,000 sqm; 6,500 sqm and nearly 13,000 sqm. The largest tenant is United Parcel Service (UPS) which has its national distribution center at the property.

Stolica Business Center is situated in the town of Łazy, just 5 km from Janki, near the main exit route (E-77) towards Cracow - Aleja Krakowska - and as little as 20 km from Warsaw city centre. The benefits of this location include primarily the extensive transportation infrastructure, forward-looking business environment, or the domestic market with a population of 40 million people.