IPG.Estate company acted as a broker of the transaction.

A major manufacturer and distributor of household appliances rented warehouses of an area of 8,500 square meters in A class warehouse complex – Interterminal. IPG.Estate company acted as a broker of the transaction.

The tenant company is engaged in the production and distribution of household appliances.

Interterminal is A class warehouse complex located in Moskovsky district at the following address: 75 Kubinskaya Street. The total area is 60,000 sq. meters.

According to the tenant, the company was looking for a high-quality warehouse complex equipped with a shelving storage system with comfortable transport accessibility.

"The level of vacant high-quality speculative space in the market of St. Petersburg is less than 3.5 %. This is a critically low figure for the emerging market, – says Philipp Chaika, the Head of Industrial and Warehouse Real Estate Department of IPG.Estate company. – Offers of free blocks of area of 8,000 – 10,000 square meters are extremely limited. Given this situation, warehouse premises with an area of 8,000 sq. meters are very rarely leased in the speculative market".

Spotted an error?

Select text and press CTRL+ENTER

Do you want to get latest news?

You have successfully subscribed to the news IPG.Estate.

Requests (0)

FavouritesShow on map

Show on map