SALE AND LEASE | LOGISTICS & INDUSTRIAL
Space: 43 800 sq. m.
Location: Elin Pelin
Cushman & Wakefield Forton successfully executed the sale of 9 800 sq.m. industrial building and assisted the extension of a development land plot with the size of 35 000 sq.m.
Orbico resided properties in Sofia, Elin Pelin, Varna and Burgas. The locations in Sofia were to be consolidated into a new build-to-suit project. The company made the strategic decision to be just a tenant of properties.
The location in Elin Pelin was sold to Il Cosmetics as Orbico leased and relocated to a neighboring building. We assisted the client in making deals in one of the largest logistics parks Industrial Park – Sofia East. That deal was closed in 2016. We assisted Orbico in sale and lease back transactions of the properties in Burgas and Varna in 2021.