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Antalis Takes Logistics Space in Award-Winning Building at Tishman International’s Sofia Airport Center

Tishman International Companies
Tishman International Companies

January 17, 2011, 8:57 (PX Newswire)

(SOFIA, BULGARIA – Jan. 17, 2011) – Developer Tishman International Companies, a leading international commercial real estate development and management company, has signed a four year lease for office and warehouse space in the Logistics Center of the new Sofia Airport Center (SAC), located at 64 Christopher Columbus Boulevard in Sofia, Bulgaria.

Antalis Bulgaria EOOD is a fully-owned subsidiary of Sequana Capital, the largest European group in the distribution of communications support materials (print and office paper, visual communication and packaging.) Antalis, which has 6,900 employees and more than 230,000 customers around the world, will occupy 2,200 square meters (23,680 square feet) of office and warehouse space.

“The decision by Antalis to locate in the Logistics Center is a testament to the facility’s excellent location for logistics operations, its high quality construction, and the excellent property management services we provide,” said Tishman International Chairman Alan D. Levy. Tishman’s management services include 24-hour security, snow removal and pest control services. “The project has also experienced tremendous interest from leading global tenants because of the flexible design, which allows us to accommodate a wide range of companies.”

Antalis’ operations will be located in Logistics Building B3 of SAC. The flexible, mixed-use business park containing Class A offices, warehouse and logistics offices won the Building of the Year Award for 2009 in its category. The building—developed and managed using Western European and U.S. standards—is fast becoming the premiere international business park in Bulgaria.

The Class A office building developed by Tishman, adjacent to the Logistics Center, will be the first commercial LEED-certified office building in Bulgaria when it achieves LEED “silver.” The only other LEED-certified building in Bulgaria is the U.S. Embassy in the capital city of Sofia.

The landlord was represented by Bozhidar Zahariev, Tishman’s in-house Leasing Manager. The tenant was represented by Plamen Dimitrov.

About Tishman International - Tishman International Companies is currently active in the United States, United Kingdom and Central & Eastern Europe including Bulgaria, Hungary, Czech Republic, Slovakia and Romania. The firm specializes, in the acquisition, development, management and financing of commercial real estate. Tishman has been a consultant and joint venture partner to some of the world’s leading institutions and private investors and has recently been appointed by a UK Fund to provide asset and development management services for a portfolio of 12 properties located in Romania, Hungary, and Slovakia.

About Tishman International in Europe - In 1986, Tishman International established its European headquarters in London, England. Since then, the company has developed and managed in excess of six million square feet of premier office and commercial space in the United Kingdom. Additionally, Tishman has provided acquisition and management expertise for millions of square feet of prime real estate assets in Europe, including several Supermarket Centres in the Czech Republic for an International Supermarket Company. Its prestigious roster of clients and partners has included Metropolitan Life, New York Life, Teachers Insurance, Bank of America, Grosvenor International, Citibank, American Express, Fidelity Investments, Lend Lease, HVB Real Estate, and many others.

About GE Real Estate

GE Real Estate currently has over €1 billion invested in Central and Eastern Europe. The Company has invested or developed in the retail, office, residential and logistics sectors in the Czech Republic, Poland, Slovakia, Bulgaria, Hungary and Romania. The Company made its first investment in Turkey in 2006.

GE Real Estate (www.gerealestate.com) is one of the world's premier commercial real estate companies with more than US $87 billion in assets and a presence in 31 markets throughout North America, Europe, Asia, and Australia/New Zealand. GE Real Estate offers a comprehensive range of capital and investment solutions including equity capital for acquisition or development, as well as fixed and floating rate mortgages for new acquisitions or re-capitalizations of commercial real estate. With a 28% compound annual growth rate since 1993, GE Real Estate is one of the world's fastest growing and most profitable real estate enterprises. This extraordinary record of success grows out of a reputation for collaboration and partnership; a depth of knowledge and experience and a history of building relationships, finding opportunities and opening doors for more than 5,000 owners, builders, borrowers and brokers worldwide.

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