Securing Prime Logistics Space in a Tight Market
In a significant transaction for the Czech Republic’s industrial real estate sector, Colliers has successfully advised NIKA Logistics, a part of Šmídl Holding, on the renewal and expansion of its lease agreement for warehousing and office spaces within the highly sought-after DMC Pardubice industrial park. This strategic location in Eastern Bohemia is pivotal for logistics operations, and the deal underscores the critical importance of expert market navigation in a region characterized by a tight supply of quality industrial properties.
Significant Capacity Boost for NIKA Logistics
The updated lease agreement encompasses a substantial total area of 13,828 square meters. This includes the renewal of an existing 11,593 square meters of warehouse space and 184 square meters of office space, alongside a crucial expansion of an additional 2,051 square meters of warehousing facilities. NIKA Logistics emphasized that this expansion is vital for enhancing and broadening its services to customers, providing an impressive capacity of up to 12,000 pallet places. This move solidifies NIKA Logistics’ operational capabilities and its commitment to service excellence.
Colliers' Strategic Role in Navigating Complex Negotiations
Colliers played a pivotal role in this transaction, representing NIKA Logistics throughout the negotiation process. Their expertise was instrumental in securing not only the renewal of the existing lease but also highly advantageous terms for the new expansion. This professional guidance was particularly crucial given the currently strained regional market for warehouse properties in Pardubice, where the availability of premium logistics space remains limited. Colliers’ ability to secure such a significant deal in this competitive environment highlights its deep market knowledge and negotiation prowess.
DMC Pardubice: A Hub for Future Growth
The DMC Pardubice industrial park is an attractive location for businesses seeking strategic logistics hubs. Developed by Demaco and invested in by Star Capital Finance, the park continues to evolve. Demaco is actively pursuing further investments in energy infrastructure and has plans for the construction of the new Petra II hall, projected to offer an additional 14,500 square meters of space. This ongoing development signifies a robust future for the park and further enhances its appeal to businesses looking for long-term growth opportunities in Eastern Bohemia.
Source: colliers.com