White Star Logistics to build an industrial and logistics park in Toruń
White Star Logistics, a joint venture between White Star Real Estate and Bain Capital Credit, is preparing another investment. This time, it will not be a typical logistics facility, but an industrial and logistics park oriented towards the needs of light manufacturing and located in a highly urbanized part of Toruń. This is another investment announced in recent months by the developer, following Raszyn and Nowy Konik near Warsaw.
The new industrial and logistics center will be built in the eastern part of Toruń in the immediate vicinity of the S10 expressway, which is being successively modernized. The investment will be carried out in two stages: The first hall will have an area of 27,186 m2, and hall B - 21,426 m2, totaling almost 50,000 m2.
„Toruń is currently developing very rapidly, and the city's asset is certainly access to qualified employees. The City Hall has created the Toruń-Wschód investment and logistics zone there, where several large logistics operators are already operating and production projects are being developed. When creating our projects, we want to focus both on mature markets and those with the greatest development prospects, hence the decision to invest in Toruń. This region has a chance to soon become one of the key locations for business, especially since cooperation with the local administration makes the region an attractive place for such initiatives” - says Bartosz Szewczyk, Managing Partner at White Star Real Estate.
The advantage of the investment is its excellent location, which ensures efficient access for employees, which is crucial for tenants of similar facilities. The area is well connected to the city – there are tram and bus stops nearby, as well as production facilities for many industries. In turn, the A1 motorway junction is located approximately 4 km from the park.
Toruń serves as a link between Northern and Central Poland. Furthermore, the most important assets of the city and the region also include strong industrialization, a large number of highly qualified employees, a significant supply of graduates and students, as well as high economic activity. Toruń, along with the oldest, largest, and best public university in northern Poland, i.e., the Nicolaus Copernicus University, places the city at the forefront of academic centers, which translates into one of the highest indicators in Poland in terms of the number of students and graduates entering the labor market. Toruń has 176.7 thousand inhabitants, and almost 30% of Toruń residents aged 25-29 hold a higher education degree.
As in the case of the investments in Raszyn and Nowy Konik, the logistics park in Toruń will combine BIG BOX type space and small modules typical for urban logistics and production (SBU – Small Business Unit), in which a significant part will consist of office facilities.
„We are observing a constantly growing demand for warehouse and production space, especially when it comes to urban and suburban locations. We want the White Star Logistics platform to stand out with well-thought-out locations that are well connected to expressways and motorways, but which are also easily accessible to employees by public transport. We also focus on ecological solutions: photovoltaic panels, systems allowing for water reuse and reduction of electricity consumption, as well as electric vehicle charging stations” – adds Bartosz Szewczyk.
The strategy of White Star Logistics assumes the creation of a network of modern logistics centers in the most desirable places in Poland. All buildings that are being built as part of the project will have environmental certificates in the BREEAM system at a level of at least very good. White Star Logistics intends to complete eight warehouse projects in Poland in the first 3 years with a total target area of over 500,000 m2. The budget for these projects is expected to be 350 million euros.
