Narev Inwestycje, the owner of Galeria Bursztynowa in Ostrołęka, represented by property consultant Cushman & Wakefield, has signed four more leases. Its new tenants include sports fashion retailer 4F, a women’s fashion boutique Greenpoint, a Triumph lingerie store and a store of telecom operator T-mobile. Galeria Bursztynowa is scheduled to open on 29 May 2014.
Galeria Bursztynowa is being developed in Gorbatowa and Żebrowskiego streets in downtown Ostrołęka, a city with the 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 four new tenants will take up a total of 313 sq m. The largest store (121 sq m) was leased by 4F, followed by Greenpoint (88 sq m), Triumph (66 sq m) and T-mobile taking up 38 sq m. Apart from these four new tenants, Galeria Bursztynowa will also be anchored by Tesco, along with OBI, RTV EURO AGD, H&M, Reserved, Sinsay, Mohito, House, Cropp, Diverse, Martes Sport, CCC and Rossmann.
Tomasz Górski, a senior negotiator from the Retail Department of Cushman & Wakefield, said: “Galeria Bursztynowa is now more than 90% let with more leases currently being negotiated. Two new deals are franchise agreements. With its modern space and broad retail offer expected to attract strong footfall, Galeria Bursztynowa may certainly also be targeted by local companies and people willing to start up a business on the franchise model.”
Cushman & Wakefield is the exclusive agent in the commercialization of Galeria Bursztynowa. The full construction design was prepared by the architect Jacek Zub with the Project Management Department of Cushman & Wakefield. The development is financed by Bank BPS.