European Logistics Investment and Griffin Real Estate purchase land for the construction of a warehouse in Zabrze

Rymarz Zdort advised European Logistics Investment BV (“ELI”) and Griffin Real Estate in relation to the signing of the transaction documentation and the purchase of land for the construction of a warehouse in Zabrze with a planned GLA of 50,000 sq. m. The warehouse is planned to be constructed for Weber-Stephen Products using the build-to-suit formula. The planned project will be the nineteenth warehouse in ELI’s portfolio.

ELI is one of the biggest logistic platforms owned by Madison International Realty, Redefine Properties and Griffin Real Estate.

Weber-Stephen Products is an international manufacturer of charcoal, gas, electric and pellet grills, as well as grilling accessories, a publisher of cookbooks, and a developer of mobile applications.

The transaction is being carried out in cooperation with Panattoni Development Europe, the market leader in the industrial property sector and which manages the development process concerning the construction of new warehouse facilities.

The work of the Rymarz Zdort team was managed by Piotr Fedorowicz, a partner in the real estate practice. The team comprised Karolina Bakowska (senior associate) and Michal Kostewicz (associate).