Arrow Capital Partners has acquired the Ozarow Logistics Center in Poland from CBRE Investment Management for its Strategic Industrial Real Estate (SIRE) joint venture with Cerberus.
Ozarow Logistics Center is a 12,500-square-meter (134,550-square-foot) multi-let urban logistics warehouse located on Piastowska 38, Bronisze, 15 kilometers (nine miles) west of Warsaw in Poland. The six-unit asset is now let to six tenants, including Targban , Poczta Kwiatowa, PLOH, Gold Point and Prosto.
“In Poland, Arrow is planning to invest around €300 million [$331 million] over the next three years in well located urban logistics investments, as well as build-to-own development opportunities with local partners,” said Robert Howe, head of real estate Europe at Arrow Capital Partners. “We are convinced that the sustained demand in Poland for logistics warehousing that provides access to local populations and infrastructure supports the development case for well-located and sp
