In the place of the former ABB factory, City Logistics Panattoni will be built, a modern facility implementing the principles of circular economy and sustainable development.
ABB is a global technology company that employs approximately 110,000 employees in over 100 countries. In Poland, ABB conducts a full range of business activities, employing over 5,000 employees.
- At ABB, such transactions do not happen often. Despite the ongoing pandemic, we managed to close the sale on terms satisfactory to all parties and according to the schedule, despite the short time that was provided for the entire transaction. I would also like to emphasize the very good cooperation with both the broker and the buyer - says Janusz Machnicki, Real Estate Director Hub Poland, ABB.
To date, the company Panattoni has completed projects here with a total area of over 14 million square meters. These are both multi-functional warehouse buildings and production-warehouse facilities built in the BTS formula and closely tailored to the needs of tenants. Panattoni logistics centers are built on land in the most strategic locations.
- Such is the location of the purchased ABB property at ul. Lodowa in Łódź, one of the largest logistics centers in the country. It is well known to us, because nearby there are six other facilities of ours that exist or are under construction. Now, in the place of the former ABB factory, a modern facility will be built, implementing the principles of circular economy and sustainable development. The brownfield investment will bring the old industrial fabric of the city back to life and will provide future employees with an efficient and fast connection to the city center and residential districts – says Katarzyna Kujawiak, Development Director at Panattoni.