LPP extends lease agreement at Tristar Gdańsk
LPP S.A. has extended its lease agreement at the modern logistics center Tristar Gdańsk, part of the portfolio of Tristan Capital Partners and White Star Real Estate. The Polish clothing company, which has 5 well-known brands in its portfolio: Reserved, Cropp, House, Sinsay and Mohito, leases over 6,100 sqm of warehouse and office space in the Gdańsk project.The Tristar Gdańsk logistics center is developing very dynamically. In May of this year, LPP S.A. – a Polish clothing company involved in the design, production and distribution of clothing, with its headquarters in Gdańsk, decided to extend its lease agreement in the Tristar Gdańsk project. LPP S.A. currently leases over 6,100 sqm of warehouse and office space.
Tristar Gdańsk is a class A logistics center, located near the Rusocin junction. The project is just 1 km away from the A1 motorway and the Tricity bypass. Tristar Gdańsk offers nearly 29,000 sqm of modern warehouse and office-social space, as well as parking lots and maneuvering areas directly adjacent to the space.
"What characterizes all our projects is the excellent location, high quality and functionality of the offered space. This is a particularly important factor for large tenants like LPP S.A., who, due to the continuous development of their brands, are looking for warehouse space that will be properly adapted to their current needs" – comments Urszula Rasmussen, Head of Industrial Leasing, White Star Real Estate.
„The extension of the lease agreement for the coming years by LPP S.A. allows us to look positively at the future of the warehouse real estate market and its role in the economy, even in the exceptional times of the pandemic. We thank our tenant for their trust and the opportunity to be part of the further development of LPP S.A. on the Polish market" - adds Robert Szafarz, Leasing Manager, White Star Real Estate.
