The transaction will allow KMC Services to increase its operating capacity and consolidate operations in one location. This deal is the largest lease transaction in the bourgeoning Kraków logistics property market in the last years.
KMC Services is a Kraków based logistics operator providing logistics and supply chain management solutions for customers in Poland and around the world. Since 2002, KMC Services has operated out of a few logistics properties in the Kraków region, one being at a 3,500 sqm facility at KALC. As the company has experienced strong growth since the signing of their lease, KMC Services needed a larger facility in a single location.
KMC Services’ new lease covers 12,787 sqm of warehouse and 212 sqm of office space. The first phase of the development, which will be full leased by KMC, will be ready by the end of the year. KMC will lease part of the second phase, which is scheduled to be complete at the turn of Q1 and Q2 2015.