January 02, 2019

Cushman & Wakefield represents Mary Kay Cosmetics on the Warsaw industrial market

Cushman & Wakefield represents Mary Kay Cosmetics on the Warsaw industrial market

A global supplier of cosmetics Mary Kay Cosmetics Poland has signed a 1,380 sqm office and warehouse lease at Gate One Business Park in Warsaw. The owner of the logistics park is Pershore. The tenant was represented in the transaction by Cushman & Wakefield.

Mary Kay is a global supplier of more than 200 high-quality skin care products, colour cosmetics and fragrances. Founded in Dallas, Texas, the United States, in 1963, the brand has been present in Poland since 2003. Mary Kay products are available in more than 35 countries across five continents.

“I would like to thank Mary Kay for their trust and appointing Cushman & Wakefield to renegotiate their lease agreement. We achieved all the objectives and worked out successful solutions in collaboration with the facility’s owner,” said Urszula Duval Rasmussen, Senior Negotiator, Industrial and Logistics Agency, Cushman & Wakefield.

Gate One Business Park is a modern A-class warehouse and office facility offering a total of 19,100 sqm, including 15,620 sqm of warehouse space. The scheme boasts superb functionality and is located approximately 7 km from downtown Warsaw and 6 km from the Frederic Chopin International Airport, close to national road no. 8/the E67 European route (Białystok-Warsaw-Wrocław) and national road no. 7/the E77 European route (Gdansk-Warsaw-Krakow). Savills Investment Management is the property manager for the complex on behalf of an Asian investor.

REBEC 2019
SEE Private Equity
Polish Real Estate Forum