Modesta Real Estate advises Flexiparks on site acquisition

Flexiparks recently started construction of Flexiparks Vienna North in Stockerau. The 10,000 sqm development site on which the modern business park is being constructed was mediated by Modesta Real Estate.

By the end of 2019, Modesta Real Estate has already been commissioned with the search for a site suitable for the development of a modern business park. At the beginning of 2020, a matching site in the north of Vienna that fulfilled all of Flexiparks’ requirements could be offered. In the meantime, after signing the purchase contract and obtaining a building permit, construction of the park has started.

Austria’s first Flexipark is being built on a 10,000 sqm site at the A22 Stockerau Ost motorway exit, just a few kilometres north of the Vienna city border. Flexiparks Vienna North is being constructed in a busy business area, directly opposite the central warehouse of Hofer KG. Other company headquarters and a large number of local suppliers additionally provide the location with an attractive infrastructure.