Second Accolade park ready and fully occupied

03 august 2023

Second Accolade park ready and fully occupied

Contents

Accolade is commissioning a park in Choroszcz. Accolade in the region currently has facilities of around 80,000 sq m in total.

Ecological and functional solutions

Park Białystok II consists of two buildings with a total area of over 36,700 sqm. The facilities, like others in the company's portfolio, are BREEAM-certified and have been developed with environmental protection and employee convenience in mind. 

The warehouses have been equipped with features such as electro-waste bins, outdoor defibrillators, insect boxes, rain gardens and benches and tables made from recycled clothing composite materials.

Convenient location

Thanks to the location of Bialystok Park I within the city borders and Bialystok Park II just 10 km away, companies operating in these areas can serve customers efficiently. Warehouse space is rented by both international brands and local companies from the logistics, manufacturing and e-commerce sectors.

Bialystok a new warehouse centre

Białystok, which is the largest city in north-eastern Poland and the capital of the Podlaskie region, has become a new warehouse centre thanks to Accolade's investment. The company is one of the first investors to invest in warehouse structures in the area. 

Both parks are fully leased - Accolade's investments in industrial parks in the region have created more than 1,000 new jobs.

Dynamic warehouse market with future prospects

Due to its strategic location and the planned Rail Baltica route, Białystok is becoming an increasingly attractive location for investment. The region has the potential of becoming an important point on the map of logistics and international transport.

The warehouse space market in the Podlaskie Voivodeship is one of the emerging markets most worthy of our attention. Despite the fact that the first big-box investment in the region was made as recently as 2018, this market is currently developing very consistently. At the end of Q2 2023, the total amount of class A rental space built reached 97,000 sq m, which represents a year-on-year increase of 41%. At present, the vacancy rate in the Podlaskie Voivodeship stands at 3%, and in Białystok itself and its immediate surroundings, it hovers around 0%. The headline rental rates range from 3.99 EUR to 4.40 EUR/sq m. The forecasts for Białystok seem favourable, mainly due to the continuously modernised road infrastructure (the S8 express road between Białystok and Warsaw, as well as the ongoing construction of the Via Carpatia). The decision to invest in Białystok is also supported by the still untapped labour market and the proximity to the Baltic region, for which the city can serve as a good location for a logistics centre. – said Tadeusz Drozd, Negotiator, Industrial Agency, Cushman & Wakefield. 

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