Cresa advises the American Chamber of Commerce in Poland

The American Chamber of Commerce in Poland has completed the renegotiation of its lease for office space in Spektrum Tower in Warsaw. The tenant was represented in the negotiations with Globalworth, the landlord, by real estate advisory firm Cresa Poland.

Founded in 1990, the American Chamber of Commerce in Poland (AmCham) is the leading voice for international investors in Poland. Its main goal is to support and promote US investment and trade, and to support the development of the Polish economy and act to improve the investment climate in Poland. It represents member companies and overseas investors, emphasizing the positive role of business and trade in the development of Poland and its society. Currently, AmCham brings together 330 member companies representing the largest group of overseas investors in Poland with more than USD 62 billion worth of cumulative investments. As many as 80 are on the prestigious Fortune 500 list. The organization is an accredited affiliate of the US Chamber of Commerce in Washington D.C. and of the AmChams in Europe network, which represents the interests of more than 17,000 companies, accounting for more than USD 1.1 trillion in investment on both sides of the Atlantic. AmCham has offices in Warsaw, Krakow, Gdansk and Wroclaw. Recognizing the contribution of the American Chamber of Commerce and its members in the economic development of the country, in 2015 the Polish government awarded AmCham Poland the Honorary Badge of Merit for the Economic Development of the Republic of Poland.

“This year marks the 30th anniversary of our operations in Poland. The lease extension heralds the next chapter for our growth. We decided to renegotiate the lease of space at our current headquarters after a thorough market analysis. We enjoyed our seamless cooperation with the US-based Cresa, which represents tenants only, so we were confident that our interests would be fully safeguarded. I am very pleased with the outcome of our renegotiation and new lease terms. We have made savings, which is important especially now. We also secured a contribution for a rearrangement of our office. Our office on the 16th floor of the Spektrum Tower is divided into several zones. The meeting space and spacious conference rooms are key to us. We would like AmCham members and employees to identify with this place, which is a friendly and modern work environment, and reflects the US history and culture, and close and genuinely friendly relations with Poland,” says Dorota Dąbrowska-Winterscheid, Managing Director, The American Chamber of Commerce in Poland.

“The American Chamber of Commerce in Poland started the renegotiation process of its lease agreement almost two years before the lease expiry, which gave us plenty of time to consider alternative locations and to review lease conditions and have them tailored to the tenant’s current needs. Given the current situation on the local market and the COVID-19 pandemic, the renegotiation and extension of the contract in the tenant’s existing location was the best solution. We delivered notable savings for our client, which is extremely important at the moment, and secured an allowance for space renovation. We offer our tenant clients an increasing level of flexibility and packages of useful solutions in today’s new reality,” says Łukasz Dreger, Senior Associate, Office Department, Cresa Poland.

“The American Chamber of Commerce in Poland is another prestigious tenant of Spektrum Tower who has recently decided to remain in our office building on account of its functionality. Such decisions always fill us with joy and confirm the huge potential of Spektrum Tower, which is a landmark building in a prime location and almost fully leased. For Globalworth, a leading CEE office investor, Spektrum Tower is not only one of the most important buildings in our Polish portfolio, but also an office building that we manage on a daily basis and in which we have our headquarters. In these difficult times – the age of the COVID-19 pandemic – the Globalworth team is trying to maintain close relationships by supporting our tenants and flexibly responding to their needs,” says Anna Korwin-Kulesza, Senior Leasing Manager at Globalworth.

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Spektrum Tower is a 32-storey tower building located at 18 Twarda Street, in the heart of the Central Business District, very close to Jana Pawła II Avenue and ONZ Roundabout. It has more than 32,000 sqm of space and 318 underground parking places. The property offers many amenities including one of the largest gyms in Warsaw, a medical center and restaurants. It has been BREEAM-certified. Globalworth, which is also located at Spektrum Tower, is the owner and property manager of the building.