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Greenberg Traurig Advised JV Partners on the Sale of a Logistics Park in Warsaw

WARSAW – 4 August 2022 – Greenberg Traurig advised JV partners, including 7R, MFC Real Estate and DIL Polska Baumanagement on the sale of  7R CITY FLEX WARSAW AIRPORT I, a complex of warehouse buildings located in Warsaw.

7R CITY FLEX WARSAW AIRPORT I, recently developed by 7R as the project in line with the “last mile” concept, has a total warehouse space (GLA) of 15 900 sqm and is situated in Warsaw, close to the Chopin Airport.

The Greenberg Traurig team was led by Senior Associate Filip Widuch, supported by Associates: Jędrzej Antoszewski and Alicja Flis. Deputy Managing Partner Radomił Charzyński supervised the transaction.

7R is a dynamically growing developer specializing in delivering A-class logistics space for rent.  Its portfolio includes both large-scale logistics parks, BTS projects and Small Business Unit urban warehouses uniquely branded 7R City Flex. So far 7R has finalized investments totaling over 1 million sqm in different locations around Poland. 

DIL Polska Baumanagement is an entity specializing in preparation of the development projects. Since more than 24 years on the Polish market it renders, among others, the following services: property management services, substitute investment services, designing of various commercial investments, including the logistics centers and objects.

MFC Real Estate is a Warsaw-based independent asset and investment manager focusing exclusively on the Polish real estate market, providing tailor-made services to mainly foreign investors. Since 2009 it has built up and manages real estate assets representing a value of more than EUR 750 million. 

Greenberg Traurig LLP

Greenberg Traurig, LLP is a global, multi-practice law firm with approximately 2400 attorneys serving clients from 43 offices in the United States, Latin America, Europe, Asia, and the Middle East.

GREENBERG TRAURIG Nowakowska-Zimoch Wysokiński sp.k. was named the 2021 Poland Firm of the Year award at the highly esteemed Euromoney Legal Media Group “Women in Business Law Awards 2021 Europe” and the 2021, 2019, 2018 Law Firm of the Year in Poland by International Financial Law Review (IFLR). The Warsaw office of Greenberg Traurig, LLP provides legal services to clients in Central Europe and beyond and consists of approximately 100 lawyers. Team members are regularly recognized as leaders in numerous practice areas. Chambers Global, Chambers Europe, IFLR1000 and EMEA Legal 500 consistently rank them among the top tiers the areas of Corporate/M&A, Capital Markets, Real Estate, Private Equity, Tax, Banking and Finance, Project Finance, Energy, Dispute Resolution and TMT.

About Greenberg Traurig's Real Estate Practice

Greenberg Traurig's Global Real Estate Practice is a cornerstone of the firm and recognized leader in the industry. The firm’s real estate attorneys deliver diversified and comprehensive legal solutions for property acquisition and investment, development, management and leasing, financing, restructuring, and disposition of all asset classes of real estate. The team draws upon the knowledge and experience of 400 real estate lawyers from around the world, serving clients from key markets in the United States, Europe, the Middle East, and Latin America. The group’s clientele includes a broad range of property developers, lenders, investment managers, private equity funds, REITs, and private owners. The firm’s real estate team advises clients on a variety of matters across a broad spectrum of commercial, recreational, and residential real estate, including structured equity and debt and the hybrids.

Greenberg Traurig's real estate team in Warsaw consists of 40 top-rated specialists who cover a broad spectrum of core real estate and additional practices. The team offers clients an unparalleled level of legal experience and service in Poland and within Central Europe.

For more information, please visit www.gtlaw.com.