Poland Record Q1 lease for GLP in Kraków

MCG EastBridge is a recently launched subsidiary of the Maszoński Group, which has been providing transportation and logistics services in the EU for more than 25 years. The company conducts business operations from its headquarters in Sulęcin in western Poland and its subsidiary Maszoński Logistic from Irxleben in Germany. The establishment of the new company forms part of its long-term expansion strategy into the CEE and Balkan markets.

MCG EastBridge will occupy app. 36,000 sqm of warehouse space, primarily for day-to-day logistics services, as well as 700 sqm of offices. The distribution centre is also to become the headquarters of the newly established company.

Axi Immo was the exclusive advisor in selecting and leasing the strategic location. Law firm Greenberg Traurig provided advisory for the purchase of the site for GLP Krakow III, while tax analysis of the acquisition and tax assistance in drafting transactional documentation was provided by PwC Poland.

Construction work has already started on a 12.4 ha plot purchased by GLP on ul. Wimmera in Niepołomice, about 23 km east of Kraków city centre and close to the Kraków Technology Park. GLP Kraków III Logistics Centre is to be built in line with BREEAM ‘Very Good’ or higher certification. It will feature a storage height of 12m, reinforced flooring, additional daylight penetration and a solar-ready rooftop. The park will also include landscaped areas and electric vehicle charging stations and a designated rest area for lorry drivers. The completion of the 55,000 sqm project is scheduled for Q2 2024.