Greenberg Traurig has advised real estate investment manager Invesco Real Estate on the sale of A2 Warsaw Park, to Savills IM, acting on behalf of Savills IM European Logistics Fund 3. Wolf Theiss reportedly advised Savills on the deal.
The total value of the transaction was EUR 112.5 million. A2 Warsaw Park is the largest single warehouse project in the Warsaw area.
According to Greenberg Traurig, “completed in 2020, the facility is one of the largest multi-let warehouse buildings in the country, offering over 106,000 square meters of flexible and modern warehouse and office space under one roof. The property is fully leased to companies such as Allegro, DSV, Raben, and ID Logistics.”
Greenberg Traurig’s team was led by Senior Associate Rafal Siwek, supported by Associate Wiktor Waclawski under the supervision of Partner Agnieszka Stankiewicz.