Tenant of Kulon Yugros complex expanded the leased areas

Main Press releases Tenant of Kulon Yugros complex expanded the leased areas
14/12/2011

Espro Group continues filling up the Kulon Yugros office and warehouse complex. The Saint-Gobain Kavminsteklo company signed a new lease agreement expanding its occupied areas from 6,000 sq. m to 12,300 sq. m

Saint-Gobain Kavminsteklo is a member of Saint-Gobain Group, a world leader in top-quality glass tare production. “Our company has signed the first lease agreement relating to the Kulon Yugros complex in the summer of this year. During this time we have made sure of convenience and efficiency of high-quality storage. Thanks to a positive experience today we have taken a decision to increase our leased areas and consolidate our storage logistics in one complex refusing low-quality storage. Such a decision will enable us to optimize transport costs and facilitate the warehouse accounting process,” comments Alexander Rumyantsev, Procurement and Logistics Director of Saint-Gobain Kavminsteklo.

Pavel Platonov, Head of the Sales department of Espro Group noted: ”It is always not easy to be the first in the region as many potential tenants having no experience of high-quality warehouse are not ready to consider new storage possibilities. It is precisely the reason why we paid particular attention to the project’s promotion to the explanation of class “A” warehouse complex advantages. We are very glad that the project becomes more and more needed in the market and this transaction confirms that today the regional companies are prepared for the appearance of high-quality logistics”.

The Kulon Yugros project is the first class “A” warehouse complex in the Stavropol Territory. It is located in the eastern industrial zone of Mineralnye Vody on a 8.95 ha site near the M-29 highway “Caucasus”. Mineralnye Vody international airport is 7 km from the complex and a railway station is 4 km away from it. The Kulon Yugros project will help the region to create infrastructure for the activities of major logistical, trading, and industrial companies.

The complex total area is 55,000 sq. m. The first stage of the project whose area is 27,200 sq. m was commissioned in the Q I 2011. The project is financed with the participation of the International Financial Corporation (IFC) and Black Sea Trade and Development Bank (BSTDB).

A fast and convenient route from any city of the region is an important advantage of the project. An operating railway line is laid to the complex territory. In addition to warehouse areas, the complex has a mezzanine for sorting zones and office premises. The project provides a possibility of constructing additional buildings in the neighboring territory on a built-to-suit bases.

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