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Sign in Sign up for a FREE subscriptionLeadCrest Capital Partners signs long-term logistics, industrial partnership with KGL
LeadCrest Capital Partners, the first European fund 100 percent dedicated to sale-leaseback and build-to-suit investments, has entered into an exclusive long-term partnership with KGL via the acquisition of a 9,500-square-meter (102,257-square-foot) light industrial and logistics facility in Greater Warsaw.
Situated in Czosnów, the facility is in a prime location alongside the S7 expressway, which is currently being refurbished and extended. The area has attracted significant investments from developers as a result of corporates’ growing interest in the microlocation.
The mission-critical facility was extended and modernized in 2019 and consists of production and warehouse space, as well as ancillary office accommodation. The site also includes 20,000 square meters (215,278 square feet) of undeveloped land, allowing for future expansion of the facility.
The asset is let on a 20-year triple-net-lease to KGL, a Polish specialty chemical company specializing in