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Bokserska Distribution Center sold
November 20, 2019Bokserska Distribution Centre has been sold by Blue Coast Capital (formerly UK & European Investments). Throughout the transaction process, the seller was represented by Avison Young.
Bokserska Distribution Centre has been sold by Blue Coast Capital (formerly UK & European Investments). Throughout the transaction process, the seller was represented by Avison Young.
Bokserska is a modern in-town warehouse scheme consisting of warehouse and office spaces totaling 18,000 sqm of GLA. It is located at 66A Bokserska Street within Mokotów Business District. Bokserska neighbourhood district is changing its character from industrial to office and residential.
It is fully let to Ecco (Danish manufacturer’s headquarter and distribution centre for e-commerce in Poland), US Embassy and Bemondi (sales center and furniture’s exposition). The property has an excellent access to expressway S79, southern ring of Warsaw and Chopin airport’s cargo terminal.
Bartłomiej Krzyżak, Director, Investment at Avison Young: “Blue Coast Capital has disposed its unique industrial asset located in Poland. In this very moment, when demand is higher than supply in the industrial market and this trend is going to be maintained, this asset – in-town, fully let – constitutes good return from investment for the seller as well as attractive investment opportunity for the buyer.”