The Stokrotka grocery chain has leased nearly 6,900 sq m of warehouse and office space in Accolade’s Panattoni Park Białystok II in Choroszcz. This is the second transaction on which Stokrotka has been recently advised by global real estate services firm Cushman & Wakefield.
As we continue to grow our business at pace, we consistently expand our logistics base. Stokrotka is on course to open its 1000th store this year. We have therefore turned our focus onto class A warehouses that are fully tailored to the needs of the food sector as they allow us to deliver the highest quality products to customers at all times,
says Daria Raganowicz, PR and External Communication Specialist, Stokrotka.
Stokrotka’s lease in the Panattoni industrial park builds on our successful partnership. It is yet another recent transaction of the retailer on which we had the pleasure of advising. Stokrotka’s presence in the Białystok warehouse market is testament to the huge investment potential of Eastern Poland, including the Podlasie region. The consistent growth in modern industrial and logistics stock and further infrastructure projects in the vicinity of Białystok will enhance the economic attractiveness of this region,
comments Kamil Żach, Key Account Executive, Associate, Industrial Agency, Cushman & Wakefield.
Białystok has a huge yet untapped potential. By delivering modern industrial space, Panattoni supports the growth of the region, which is a growing destination for both Polish and international investors. Panattoni Park Białystok II in Chroszcz benefits from its proximity to the S8 expressway, which provides easy access to such cities as Warsaw, Łódź and Wrocław. The Polish capital is just two hours away. In addition, the park is located close to a planned junction of S19 (Via Carpatia), a transport route along the eastern border of the European Union – running from Lithuania through Poland, Slovakia, Hungary and Romania to Greece. This will enhance the international potential of the park. Ever since our first speculative development in the region was fully let, Panattoni Park Białystok II has also seen unwavering demand. This reaffirms that Podlasie needs modern industrial stock and our task is to meet demand for such space,
says Dorota Jagodzińska, Managing Director, Panattoni.
About Cushman & Wakefield
Cushman & Wakefield (NYSE: CWK) is a leading global commercial real estate services firm for property owners and occupiers with approximately 52,000 employees in approximately 400 offices and 60 countries. In 2022, the firm reported revenue of $10.1 billion across its core services of property, facilities and project management, leasing, capital markets, and valuation and other services. It also receives numerous industry and business accolades for its award-winning culture and commitment to Diversity, Equity and Inclusion (DEI), Environmental, Social and Governance (ESG) and more. For additional information, visit www.cushmanwakefield.com.
About Stokrotka
Stokrotka is a modern retailer with some of the best of Poland’s retail traditions. Established in Lublin in 1994, it now comprises more than 900 stores throughout Poland. Stokrotka has been a tremendous growth story, opening more than 100 stores every year in customised formats: Stokrotka Supermarket, Market, Optima and Express, in addition to operating an online store; it is also a proven business partner for franchisees. Stokrotka has modern distribution centres, logistics facilities and a network of regional warehouses throughout Poland. In 2018, Stokrotka Sp. z o.o. was acquired by the Lithuanian-based Maxima Group. It offers a vast array of consumer goods at attractive prices, with a special focus on fresh produce, products from local suppliers and its own branded products.