International Industrial Properties, a logistics platform focused on industrial and logistics investments across Europe, has announced that it will develop two built-to-suit logistics facilities within IIProp’s existing IIProp Warsaw South and IIProp Poznan West logistics parks for an unnamed “leading online marketplace in Central and Eastern Europe.”
According to IIProp, which is owned by Madison International Realty and Griffin Capital Partners, “the newly signed lease agreements highlight and confirm the attractiveness of IIProp’s logistics park portfolio for blue-chip occupiers.”
In addition, IIProp reports, “each cross-dock facility, serving as a strategic cornerstone for the tenant’s logistics operations in the Poznan and Warsaw regions, will offer approximately 8,000 square meters of gross leasable area and will be fully customized to tenant’s specific operational and trans-shipment requirements. Both locations are secured under long-term lease agreements, underscoring the long-term nature of the collaboration and the tenant’s strong commitment to these strategic sites. The facility in Gluchow, part of the existing IIProp Poznan West logistics park, is scheduled for completion in Q4 2025. The Nadarzyn facility, located within IIProp Warsaw South, is expected to be delivered in Q1 2026. These developments are part of tenant’s broader expansion strategy aimed at significantly increasing its parcel-handling capacity and reducing delivery times across Poland.”
“These investments reflect our commitment to delivering high-quality logistics assets that address the evolving needs of modern businesses,” commented Lukasz Toczek, Director at Griffin Capital Partners. “They mark another milestone in IIProp’s strategy to build a resilient, high-performing logistics portfolio across Europe, with a particular focus on key Polish locations. Backed by strong market fundamentals and growing demand for modern BTS facilities, Poland remains a strategic priority in our long-term investment plans.”
“This new partnership exemplifies our approach to tenant relationships – delivering tailor-made, future-ready logistics solutions that directly support our clients’ growth strategies,” added Maximillian Sauermann, Director, Investments at Madison International Realty. “Both projects are designed not only for operational efficiency, but also to meet the highest environmental and technological standards, which are becoming key differentiators in today’s logistics sector.”
The IIProp Warsaw South Park already features over 50,000 square meters of fully leased logistics space. The property in Nadarzyn is financed by Pekao, and features further development potential for an additional multi-let facility of some 27,000 square meters, for which all permits are already in place.
The IIProp Poznan West Park currently comprises one multi-let building of over 14,600 square meters of warehouse space, with one unit of 4,110 square meters remaining available. The project is financed by Santander Bank Polska, with general contracting works handled by Harden. The future development potential of the permitted land is for an additional approximately-28,600 square meters of multi-let grade-A logistics space.
Panattoni is acting as the developer for both projects.
