Commercialization of North Gate Boosts

North Gate, SAVILLS

As many as five new lease agreements for the office space in North Gate signed the owner of the property, investment fund Deka Immobilien represented by the global real estate advisor Savills. New tenants are: Emerge Software, Flying Wild Hog, Sigma Connectivity and two marketing companies including Young & Rubicam. The total space recently leased in the building amounts to over 4,300 sqm.

Emerge Software provides advisory services for telecom and IT firms. Flying Wild Hog is a Polish developer of computer games. Sigma Connectivity offers services for the IT industry whereas Young & Rubicam is marketing company owned by WPP Group.

Daniel Czarnecki, Portfolio Manager and Jakub Parys, Senior Consultant in Landlord Representation, Office Agency at Savills were advising the property owner in the transaction.

“Another lease agreements signed in just a few months since we had been appointed as a co-agent of North Gate prove that tenants appreciate i.a. its convenient location. The building is currently under refurbishment, thanks to which reception lobby will be refreshed, facilities for bicycles will be expanded and co-working space and a conference centre accessible to all tenants will be added. Last free modules are still available for companies which would like to locate their offices in the building”, says Jakub Parys from Savills.

North Gate is an 87 meters tall, A-class office building located at 17 Bonifraterska street in Warsaw. In total the 29 floors building comprises 41,800 sqm. The 35,600 sqm of usable space includes 28,000 sqm of modern office space. The building offers five parking floors with 310 parking spaces. North Gate has a convenient access to transport infrastructure and public transport. Trams and bus stops as well as Dworzec Gdański metro station are located very close to the building. In the immediate vicinity there is Ibis Hotel and many shops and services, including Arkadia Shopping Center.

Savills is one of two agencies which support investment fund Deka Immobilien in the commercialization process of North Gate.

Press release by Savills.

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Written by: Savills