GARBE Industrial Real Estate enters Poland

GARBE Industrial Real Estate Poland has entered the Polish market with the acquisition of a new flagship production and warehouse facility, located in Wroclaw, from Hubergroup, a firm that specializes in printer inks, coatings and pressroom chemistry.

The parties have signed a preliminary purchase agreement for a new 22,000-square-meter (236,800-square-foot) build-to-suit facility, as part of a 20-year term sale-leaseback transaction.

“We are pleased to secure our first transaction in Poland in such a core and well-established location. Together with Hubergroup, we have a long-term view for operating in Wroclaw and working together,” said Martin Polák, managing director CEE at GARBE Industrial Real Estate.