Panattoni Europe, Poland’s leader in the industrial property market, is to build the first European factory for Polaris Industries Inc. The BTS facility for the American manufacturer, whose product range includes e.g. quads, will be erected in Opole, within the Wałbrzych Special Economic Zone Invest-Park, and will comprise 33,000 sqm of space. Polaris Industries Inc. was represented in the transaction by a leading global real estate services firm Cushman & Wakefield.
Polaris Industries Inc. – an American manufacturer of snowmobiles, quads, motorcycles and electric NEVs, is entering Poland. Established in 1954, the company decided to locate its first European plant for off-road vehicles in Opole, within the Wałbrzych Economic Zone Invest-Park. The 33,000-square-metre investment will be executed by Panattoni Europe, a developer with an extensive portfolio of warehouse and manufacturing development projects, including some within economic zones. The production hall will take up an impressive 25,600 sqm, the warehouse 3,400 sqm, whereas offices and staff facilities 3,981 sqm. Construction works are set to commence at the beginning of August and be completed in mid-February 2014.
