Goodman has signed a lease agreement with logistics operator KMC Services for 13,000 sqm of space at the Kraków Airport Logistics Centre (KALC). The transaction will allow KMC Services to scale up its operations while consolidating its logistics space in a single location. The agreement is the largest transaction of its kind in years on the increasingly dynamic Krakow warehouse market.
KMC Services, based in Krakow, is a logistics operator providing logistics and supply chain management solutions for clients in Poland and worldwide. Since 2002, KMC Services has been operating using several warehouse facilities located in the vicinity of Krakow, including a 3,500 sqm facility at the Kraków Airport Logistics Centre. Due to the company’s dynamic growth since the signing of the first lease agreement, KMC Services was looking for larger warehouse space in a single location.
– To streamline operations and increase the scale of our business, we needed a high-class warehouse, large enough for us to consolidate the warehouses we have been using so far. Such space was provided to us by the dynamically developing Kraków Airport Logistics Centre. We appreciate Goodman’s flexibility, which allows us to achieve our goals and enables sustainable and systematic growth – says Rafał Łagosz, Logistics Director at KMC Services.
The new agreement concluded with KMC Services covers 12,787 sqm of warehouse space and 212 sqm of office space. The company will become a tenant in a new 22,000 sqm facility being built speculatively by Goodman. This warehouse will be the fifth facility within the Kraków Airport Logistics Centre, and its construction is divided into two stages. The first stage, which KMC will occupy in its entirety, will be ready later this year. KMC will also occupy part of the second stage, which is scheduled for completion at the turn of the first and second quarters of 2015.
– The decision to increase the leased space and consolidate operations by KMC Services at the Kraków Airport Logistics Centre is a confirmation of its strategic location and good management. The signing of the agreement means that the warehouse currently being built speculatively will be 60% leased – says Błażej Ciesielczak, Regional Director for Central and Eastern Europe at Goodman.
The transaction was brokered by the consulting firm Colliers International.
– The agreement with KMC Services is the largest warehouse lease transaction on the Krakow market in recent years. The Kraków Airport Logistics Centre, owned by Goodman, is a high-class warehouse project of key importance for the region, which is confirmed by its dynamic development in a relatively short time – assesses Maciej Chmielewski, Partner at Colliers International, Director of the Industrial and Logistics Agency.