Telecommunications company Netia S.A. has extended its lease of 13,000 sqm of office space in the Marynarska Business Park in Warsaw. Heitman, acting on behalf of the landlord of the office complex, Investment fund Heitman European Property Partners IV, was represented in this deal by property consultant Cushman & Wakefield. The tenant was advised by CBRE.
Marynarska Business Park comprises four modern office buildings totalling around 43,000 sqm of leasable space located at 7 Taśmowa Street in Służewiec Przemysłowy in Warsaw. It was delivered onto the market in 2008.
Marynarska Business Park underwent a number of modernization works last year, which involved refurbishment of its common areas and surroundings and obtaining BREEAM In-Use Very Good rating.
Anna Wilk, Head of Property and Administration Department, Netia S.A., said: “The refurbishment and upgrades of Marynarska Business Park to BREEAM standards convinced us that we should remain in this location. Another reason was that this office complex in Warsaw’s Mokotów district is already associated with Netia thanks to excellent visibility of our logo and the name Netia Tower of our building.”