Completed last month, Building F was developed by a jointventure of Quinlan Private Golub, Heitman Central Europe RealEstate Partners (HCEPP) and GE Real Estate at a cost ofapproximately $21 million (euros 16 million). Quinlan Private Golubhas the leasing assignment. Both tenants were represented byCushman & Wakefield.

A source familiar with the transaction tells GlobeSt.com thatboth Johnson & Johnson Poland and Janssen-Cilag Poland eachsigned long-term leases, which in Poland are typically between 60and 72 months. While the negotiated lease rate was not released,the average asking triple-net lease rate for space in the buildingis 14 euros per square meter per month.

New Jersey based Johnson & Johnson and its 200 operatingcompanies are multi-national manufacturers of pharmaceutical,diagnostic, therapeutic, surgical, and biotechnology products, aswell as personal hygiene products. Janssen-Cilag is itsprescriptions medicines arm.