Dozens of registered plots of land, with a total area in excess of 50 hectares, have been purchased by a company from the commercial real estate industry. The site is in Starowiskitki, a village located 50 kilometres from Warsaw. The comprehensive handling of the transaction, including the negotiation of the terms of sale as well as preparation of administrative and legal formalities, was conducted by specialists from the Industrial Agency department of JLL.
The purchased land, which belonged to 63 owners, consists of 66 registered plots. Negotiation processes related to the purchase of the property have been underway since autumn 2018 under the supervision of JLL specialist, Marcin Bieniasz. These processes, which sometimes went beyond the standard scope of a consulting firm’s activities, repeatedly affected the shape and assumptions of the project.
“We tried to think ahead when looking for land suitable to build a warehouse park. In 2018, we already appreciated the potential of Starowiskitki, which is located 50 kilometres west of Warsaw, near the A2 junction. Over time, the potential of plots located west of Grodzisk Mazowiecki was also illustrated by other investors in the warehouse real estate industry with their implementation of projects in the area,” says Agata Zając, Senior Director in the Land Acquisition and Development area, JLL.
Thanks to the involvement of JLL’s experts, and despite the complicated legal situation of the property, it was possible to finalize the purchase of the land plots in the originally envisaged format, and with the largest possible area. As a result, a warehouse park consisting of five buildings with a total area of approximately 250,000 sqm is now planned.
“The process of preparing for the purchase of land plots in the municipality of Wiskitki took three-and-a-half years and required us to be deeply involved, especially in systematizing the legal status of the property for the planned investment. The handling of the transaction involved, among other actions, the need to verify land title deeds in the state archives. It was also necessary to contact owners living abroad, as well as to initiate legal proceedings in the case of owners who were nonadults,” adds Karolina Przybysz, Land Transaction Manager in the Land Acquisition and Development area, JLL.
The adaptation of the purchased land to the needs of the future investment was carried out under the supervision of JLL specialist, Łukasz Szachogłuchowicz. The project required changes to the municipality’s study of land use conditions and directions, as well as the adoption of a local zoning plan. In the process of transformation, it was also necessary for the location to be connected to the main electricity grid from a distance of 8 km, renew the registered boundaries of all plots of land, to divide them in accordance with the adopted local zoning plan, to obtain a decision on environmental conditions, as well as water permits for the reconstruction of existing drainage networks and for construction. Moreover, in order to ensure the functionality of the new project, it will be necessary to connect the location with the Wiskitki highway interchange.
“In recent years, interest in the Wiskitki municipality has risen significantly. There are more and more economic investors who are initiating the development of power and drainage networks and the expansion of roads in the municipality for the purposes of their activities. These activities are being noticed by other entities, which are also starting to plan to locate their businesses right here. We are open to new ventures and offer our support in their implementation. From our perspective, the presence of a new company in the municipality is an opportunity not only to develop the infrastructure but also to provide new jobs for our residents,” comments Rafał Mitura – Mayor of the City and Commune of Wiskitki.