Panattoni has signed a new agreement with Sportano that covers the extension of the existing lease and the tenant’s expansion by an additional 14,846 square meters, giving a total of 27,300 square meters at Panattoni Park Zielona Gora II.
According to the developer, as a result of the deal, Sportano has taken up all the available space in the building, and the commercialization of the park is complete.
Sportano is a sports shop offering a wide range of equipment, clothing, and accessories for various sports. The company sells its products in several European countries via its own e-commerce platform, as well as through external marketplace platforms and a brick-and-mortar shop in Warsaw. Since the beginning of its operations in 2021, Sportano’s logistics base has been a modern warehouse in the Panattoni park in Zielona Gora. The current turnover is already PLN 0.5 billion with 2 million orders per year, but due to its growth, the company has decided to double its leased space.
“Our business is growing at a rate of 20-30% per year, but customer demands are growing just as fast, especially in terms of product availability and order fulfillment times,” commented Sportano Director of Operations Pawel Zwirecki. “The decision to significantly increase our space at Panattoni Park Zielona Gora II is part of our long-term growth strategy. Further development – both in Poland and in foreign markets – requires stable, modern logistics infrastructure and a partner who understands the pace of e-commerce development. This project gives us real space to further scale our operations and implement further stages of automation.”
“This project clearly shows how the role of modern industrial parks is changing,” added Panattoni Associate Leasing Director Katarzyna Litwin. “The dynamics of e-commerce mean that warehouses are no longer just operational facilities, but are becoming a key element of business infrastructure. We are delighted that Sportano, a company that is growing very dynamically and consistently investing in automation, has once again chosen the park in Zielona Gora. This is the best confirmation that the facilities we build allow tenants to scale their operations and respond flexibly to growing market demands.”
Colliers advised on the lease agreement process.
Image source: panattonieurope.com