Cresa Advises Media Expert in Wroclaw
Media Expert, a leading retailer of electronics, home appliances and multimedia products in Poland, has leased 2,000 sqm of warehouse space and 150 sqm of office space at SEGRO Industrial Park Wrocław. The tenant was represented by global real estate advisory firm Cresa.
Media Expert is a rapidly growing chain of stores with consumer electronics. It has operated on the Polish market for more than 20 years, offering smart TVs, laptops, tablets, smartphones, photographic equipment, home electronics and appliances. Selected stores also carry bicycles, scooters, quad bikes, power tools, leisure equipment and garden implements. With the broadest range of consumer electronics offered at lowest prices, Media Expert is a leader on local markets.
“Wrocław is a strategic location for Media Expert and is targeted by a range of companies. Its vacancy rate currently stands at approximately 3%, its lowest on record. We are therefore more than pleased to have had this opportunity to support Media Expert in their long-term growth strategy. They are now focusing on optimisation of their supply chain for more than 470 stores across Poland and expansion of their online presence,” says Marcin Łukoszko, Senior BTS/BTO Advisor in the Industrial and Warehouse Department at Cresa Poland.
“Media Expert was looking for a modern, small-scale facility with ample loading docks in eastern Wrocław to serve as a transhipment warehouse for transports coming from the distribution centre in Łódź. We advised our client on the analysis of the commercial real estate market, the choice of the facility and negotiations of commercial and technical terms and conditions,” says Jakub Kurek, Associate Director, Industrial and Warehouse Department, Cresa Poland.
“We are confident that our new client will benefit from the prime location of SEGRO Industrial Park Wrocław to drive its growth forward. We are delighted to have signed another lease this year on the rapidly growing Lower Silesian market,” adds Joanna Janiszewska, Regional Director, SEGRO.
SEGRO Industrial Park Wrocław is located in the north-eastern part of Wrocław, 12 km from the city centre. It is situated by an exit road to Warsaw and in the immediate vicinity of Wrocław’s motorway bypass. It also enjoys easy access by public transport. At full build-out, the park will provide approximately 40,000 sqm of modern warehouse and production space.