Logistics provider LIT Logistyka Polska has extended its lease in Panattoni Park Wrocław VII and expanded its warehouse premises to nearly 12,500 sqm. The lease agreement was renegotiated on behalf of the client by real estate advisory firm Newmark Polska.
LIT Logistyka Polska is part of the German-based L.I.T. AG group, which comprises 100+ branches and has been operating for over 35 years. The group is committed to continuous growth through collaboration with its partners. Its core business includes road and railway transport as well as air and sea freight services. L.I.T. AG also provides contract logistics and delivers integrated solutions by drawing on a combination of warehousing and road/intermodal transport services.
“In addition to its business growth in Wrocław and expansion of its high quality warehouse, LIT Logistyka is also developing a warehouse project in Zabrze, Silesia. The new warehouse, which is expected to start operations in April 2024, will meet special fire requirements and feature in-rack sprinklers, making it suitable for safe storage of lithium-ion batteries and hazardous goods,” says Mariusz Słowiński, Head of Logistics, LIT Logistyka Polska.
L.I.T. AG has all the necessary resources and capabilities to provide comprehensive logistics and deliver dedicated and bespoke solutions.
“LIT Logistyka Polska decided to stay on in Panattoni Park Wrocław VII to benefit from its favourable location, which supports distribution of products and meets employee requirements. Thanks to the landlord’s flexibility, our client was spared high relocation costs and was able to increase its premises to satisfy its needs. We are pleased that we were able to support LIT Logistyka Polska with our expertise and experience,” says Anna Domańska, Advisor, Industrial and Warehouse Department, Newmark Polska.
Panattoni Park Wrocław VII is one of the largest logistics parks in Lower Silesia. Located in the Wrocław conurbation, just off national road 35 and close to the A4 motorway, it is ideal for distribution of products. Panattoni’s complex also features sustainable construction solutions that keep occupancy costs low – it is BREEAM Very Good certified.
About Newmark Polska
Newmark Polska, a Newmark Global Partner, is a member of the Newmark Global Network. As one of Poland’s premier integrated commercial real estate services companies, the group provides conflict-free tenant representation, in addition to capital markets, market research and advisory, valuation, design and project management and workplace strategy services. Newmark Polska is led by Piotr Kaszyński, based in Warsaw, with additional offices in Wroclaw, Tricity and Krakow. The team leverages Newmark’s (Nasdaq: NMRK) global platform, which offers a comprehensive suite of services that seamlessly powers every phase of the property life cycle from offices around the world.