Neopark now fully leased
Neopark office complex, one of the flagship investments of Yareal Polska, is now fully leased, with companies such as Play, Inpost, New Work, Olympus and Mitsubishi opening their offices.
Neopark is an elegant, state-of-the-art two-building office complex with a campus-like development scheme. Its central point is a courtyard filled with greenery, which, together with a restaurant located on the ground floor and a terrace, provides suitable spaces for meetings and relaxation for both tenants and residents.
“We started the construction of Neopark at a time when the office market in industrial Służewiec was relatively extensive, but where there was a lack of innovative projects that could attract large players to relocate to this part of the city. The commercial success of our investment is certainly excellent news for the residents and investors present here. The total commercialization of Neopark illustrates the business attractiveness of this part of Warsaw, which has been undergoing a major transformation for some time now. These changes are connected with the increasingly extensive service, catering and hotel stock and go hand in hand with the dynamically developing housing market. This diversity works positively for the new Służewiec brand, as a place suitable not only for work but also for life”, comments Katarzyna Pankiewicz, Head of Leasing at Yareal.
The complex reached 100% leased with the conclusion of expansion agreements by such companies as New Work (with an additional approx. 400 sqm) and Inpost (an additional approx. 440 sqm). The largest tenant in the facility is the mobile phone operator Play, which will move into its 11,000 sqm office later this year.
“We started working with Yareal exactly four years ago, when Neopark was in the initial phase of construction along with additional investment projects related to public transport in the area. Despite these challenges and the reconstruction of Marynarska Street, we managed to select a diverse group of tenants, with well-known brands leading the way, to commercialize the entire complex. The market success of Neopark is a result of several factors. Firstly, it is perfectly designed and its intimate character has very comfortable working conditions. Employees are satisfied with the range of facilities, which includes, among others, a restaurant, fitness club, infrastructure for cyclists, and last but not least its great location”, explains Tomasz Czuba, Head of Office Leasing, JLL Poland.
Neopark is located on the crossroads of Cybernetyki and Wynalazek Streets, only 20 minutes by car from the centre of Warsaw, ten minutes from Fryderyk Chopin International Airport and four minutes from Galeria Mokotów.
JLL (NYSE: JLL) is a leading professional services firm that specializes in real estate and investment management. JLL shapes the future of real estate for a better world by using the most advanced technology to create rewarding opportunities, amazing spaces and sustainable real estate solutions for our clients, our people and our communities. JLL is a Fortune 500 company with annual revenue of $18.0 billion, operations in over 80 countries and a global workforce of more than 93,000 as of December 31, 2019. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit jll.com.