XLMX obchodní s.r.o. has leased 16,000 sq m of warehouse space in ctPark Prague East in Nupaky with a view to setting up a regional warehouse for XXXLutz.
The XXXLutz brand is currently at the core of activities of XLMX obchodní s.r.o. and XLCZ Nábytek s.r.o., the companies that own the popular XXXLutz, Möbelix and Kika furniture stores. The third player mentioned is currently rebranding, selling off all stock and will soon reopen under the brand XXXLutz.
“The new regional warehouse is a step that will provide a further boost to XXXLutz, the brand under which we are currently integrating the existing Kika stores. We aim to offer our customers maximum convenience and to be as close to them as possible. The warehouse in Nupaky will serve as a regional hub for XXXLutz, a service centre for XXXLutz shipping and assembly services and also as a furniture pick-up warehouse for the XXXLutz e-shop. For customers, this will mean comfortable shopping and quicker availability of furniture,” say Walter Müller and Jiří Šulc, managing directors of XLMX obchodní s.r.o. and XLCZ Nábytek s.r.o.
The location of the new regional warehouse as close as possible to XXXLutz’s stores in Prague was the key criterion when choosing the site. The newly developed storage hall in Nupaky was the perfect choice.
“The location of the regional warehouse close to the D1 motorway is obviously an advantage: both in logistic and marketing terms, since the logo will be unmissable for passing cars,” explains Vít Zdráhal, Associate at Cushman & Wakefield's Industrial Agency team that facilitated the transaction.
The new hall in Nupaky is the perfect match for XLMX obchodní s.r.o. and XLCZ Nábytek s.r.o.’s needs in terms of size as well. Its 16,000 sq m of warehouse space makes it the last storage and distribution unit of this size on the D1 this close to Prague.
“ctPark Prague East is our flagship scheme in the east of Prague, based on the premium location close to Prague and the highest standards of construction. We are really happy to have found such a major company and significant brand, which we perceive as a strong partner, to occupy our premises,” says Jakub Kodr, Senior Business Development Manager at CTP, the owner and manager of ctPark Prague East.
The last major storage scheme on the D1 near Prague is leased for the use of XXXLutz
15/07/2020
Related News
Number of food halls in Europe on the rise, Czech Republic holds huge growth potential
The number of food halls across Europe has increased by nearly 50% over the last seven years with 135 now open, with a further ten coming soon, according to Cushman & Wakefield’s latest Food Halls of Europe report.
23/07/2024
Record-breaking first half of 2024 sees arrival of 20 new brands in the Czech Republic
Twenty brands debuted on the Czech retail market between January and the end of June, the highest ever recorded in the first six months of a year.
09/07/2024
Cushman & Wakefield outstanding achievements recognized by CEEQA jury
Cushman & Wakefield named Capital Markets Agent of the Year 2023 at the CEEQA Award.
24/06/2024
Retail market activity grows, especially in fashion, F&B, and health & beauty sector
In 2023, rental activity in the Czech and European retail markets significantly increased year-over-year, with a rise in the number of transactions and the volume of leased space across sectors and countries.
18/06/2024
Cushman & Wakefield and CENTERSCAPE: 20 years of cooperation
Cushman & Wakefield, a leading real estate consultancy, has been cooperating with CENTERSCAPE, an investment company that owns 20 retail projects in the Czech Republic, for 20 years.
10/06/2024
Record demand for industrial space
Interest in industrial and logistics space in the Czech Republic was at a record high in 2023, up 50% from 2019, which means one million sq m in demand.
29/05/2024