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Galeria Bursztynowa is already more than 70% let

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Galeria Bursztynowa, whose construction continues in Ostrołęka, has gained new tenants, including the footwear retailer CCC, the Rossmann drugstore and a large store fashion retailer. More than 70% of its space has already been let. Galeria Bursztynowa is scheduled to open in spring 2014. Cushman & Wakefield, a leading global real estate services firm, is the exclusive agent in the commercialization of this development.

Galeria Bursztynowa is being developed in Gorbatowa and Żebrowskiego streets in downtown Ostrołęka with a population of approximately 54,000. It will total around 32,000 sq m of usable space, including 27,000 sq m of retail space to let in about 60 units. The shopping centre offers superb access, including five separate access roads, to the inhabitants of both Ostrołęka and the surrounding areas. It will also provide a car park with more than 850 parking spaces.

Roman Tomczak, President of Narev Inwestycje, said: “At the moment there is construction and finishing work underway at the development site, including the construction of the car park and installation of heating, ventilation, electrical and sanitary systems.”

Galeria Bursztynowa will be anchored by a Tesco hypermarket which will take up around 8,000 sq m under a lease signed earlier with the shopping centre owner. It will also have a store of the Orange telecommunications company, a Kolporter store, chain cafés, a pharmacy and drycleaners. The stand-alone building of the retail development will be leased by the DIY retailer OBI, which will occupy around 8,000 sq m.

Tomasz Górski, a senior negotiator from the Retail Department of Cushman & Wakefield, said: “Galeria Bursztynowa will be the largest modern shopping centre in Ostrołęka and within 120 km from the city, with more than 320,000 people living within its catchment area. This makes it a supraregional retail development. Its tenant mix is planned to ensure a complete offer meeting customers’ needs and expectations from the opening day. Negotiations are currently underway with other companies interested in operating in the shopping centre. Many leases are being closed and new tenants will soon be announced”.

The CCC Group manufactures and sells footwear under the CCC, Boti and Lasocki brands in more than 700 stores. It will take up more than 600 sq m in Galeria Bursztynowa.

This year marks twenty years of Rossmann’s operations in Poland. It has more than 770 stores across Poland and intends to increase its total number of stores to 850 by the end of 2013. With a 20% market share Rossmann is a leading chemicals and cosmetics supplier which creates and sets new market trends. Rossmann offers an exceptionally broad selection of hair and body care products. It will occupy a 418 sq m store at Galeria Bursztynowa.

The Retail Department of Cushman & Wakefield is the exclusive agent in the commercialization of Galeria Bursztynowa. The full construction design was prepared by Jacek Zub with the Project Management team of Cushman & Wakefield. Narev Inwestycje is the owner of the scheme.