SwedeCenter announces its latest new lease for more than 1,100 square meters of office space in Business Garden Warszawa signed by Eli Lilly. The transaction was conducted by CBRE.
“We are very pleased that the tenants of Business Garden, including among others adidas, Ricoh, Credit Agricole, were joined by another renowned company. Upon execution of the lease with Eli Lilly, we exceeded 70% occupancy ratio. We hope that the leases for remaining space will be finalized in the next few months.” – said Roger Andersson, Managing Director of SwedeCenter.
“Eli Lilly is a demanding tenant, and the office project called Business Garden will guarantee our Client comfortable and efficient working environment. CBRE advised Eli Lilly during the negotiations of the lease terms and is also responsible for supervision over works related to the adaptation of the office for the Client.” – said Joanna Kalinowska, Associate Director at CBRE’s Office Agency.
The Business Garden, which is SwedeCenter’s flagship project, is being created at the corner of Żwirki i Wigury and 1 Sierpnia in Warsaw. The complex will ultimately consist of 7 buildings with a total leasable area of approx. 90 000 square meters.
During the first stage of the project, two buildings of the total leasable area of approx. 32 000 square meters were commissioned. The first one features approx. 14 500 square meters of space. As well as offices, the building comprises a business hotel for more 200 rooms, a 9-room conference center, a restaurant and retail outlets. The second building consists of offices with an area exceeding 17 200 square meters.
The start of the second phase of the project is planned for the 3rd quarter of this year.
SwedeCenter is also developing Business Gardens in Poznań and Wrocław.
Source: SwedeCenter