Vendo Park on Zielona street in Ostrołęka is Trei’s the latest commercial project and the 13th retail park in Poland. Construction works commenced on a 7,000 sqm plot in March of this year and completed in September. The property offers 3,100 sqm of modern retail area and was already pre-let in its entirety at the time construction work started. Tenants include brands that have not been currently available in Ostrołęka. The Hebe drugstore, Tedi and Dealz have all opened their first shops in the town. There are also Neonet and KiK shops. The retail park was raised in direct proximity to a Lidl supermarket and fully supplements the latter’s spectrum of consumer goods. Vendo Park is equipped with a large, convenient car park that can accommodate over 60 cars. As part of Trei’s investment, on its own initiative and at its own expense, the investor also rebuilt a section of Zielona Street and pavements. The total cost of Vendo Park in Ostrołęka equals EUR 3.8 million.
Name of project
Vendo Park Ostrołęka
City
Ostrołęka
Location
Ostrołęka, Zielona Street
Date of completion
September 2019
Type of project (retail park, convenience center , big box)
Retail Park
Number of buildings
1
Total area (sqm)
6973
Useable area (sqm)
3344
Retail and service area (sqm)
3140
Cubic volume
23121
Number of parking spaces
86
Ecological and energy efficient solutions
n/a
Developer
Trei Real Estate
Investor(s)
Trei Real Estate
The occupancy rates on the opening day and in October 2019
The Vendo Park was 100 % leased before opening.
Key tenants
Neonet, KiK, Hebe, Tedi, Dealz
Source of project financing
self-financing
Architect
Katarzyna Panuś
Construction company
Euro-Bud Inwestycje Sp. z o.o.
Leasing agency
not applicable – in-house leasing team
Property management company
not applicable – in-house property management team
