CBRE, the world leader in commercial real estate services, assisted a printing company OP Tiger in finding new production capacities in the Ústí and Labem Region. The successful supplier of custom branding on t-shirts, apparel and other items can now expand production capacities in North Bohemia.
Prague-based textile printing company OP Tiger, which has been on the market for over twenty years, owns two production complexes in the Czech Republic. One is in the nation’s capital, the other is located in the close vicinity of the city Ústí and Labem in North Bohemia. Based on the company’s production capacity, OP Tiger is one of Europe’s biggest firms in its field. The steadily rising demand for the company’s products started causing production capacity issues. These issues eventually led the company owner Ondřej Parpel to a big decision – expansion of the production capacity in the Ústí and Labem Region, where OP Tiger employs approximately 50 people.
The decision to expand production also meant the company had to partly abandon the industrial hall in Prague and find a more suitable, modern and bigger industrial complex into which it could relocate production. “We had to take our employees into account. That is why the key and crucial criterion concerning the new industrial hall was for it to be located in the close vicinity of our old hall, which we had not far from Ústí and Labem. Another very important criterion was for our new production complex to be close to the highway D8, which connects Prague with the German city of Dresden,” says Ondřej Parpel, owner of the company OP Tiger.
OP Tiger approached CBRE and assigned its experts a task to find the most suitable location for the new production complex. This was not the easiest of assignments when taking into consideration the status quo of the commercial real estate business in the Czech Republic. “The Ústí nad Labem Region is currently in high demand of production companies. The workforce is more affordable, logistics infrastructure is of high quality and the German market and other production firms are in close proximity – these are the three main qualities production companies find attractive about the region. Therefore, finding industrial real estate that would meet the demands of our client was not easy. However, in the end we did manage to find an ideal industrial complex for OP Tiger – CTP Park Ústí and Labem,” says the man responsible for the oversight of the entire project - Jan Hřivnacký from CBRE’s Industrial & Logistics Department.
The project would not have been successfully completed, if it weren’t for the flexibility and responsiveness of the CTP company, which managed to fulfil all key demands of OP Tigre during the construction process. The main demand concerned the expansion of the area needed for the production complex – the original demand grew from 3 500 m2 to 10 000 m2. “Finding a solution which will meet our client’s expectations and serve our client’s needs for the upcoming months and years is paramount to us. We do all we can - within the limits set by the location - to make the future tenant happy and content,” says Jakub Kodr, Senior Business Development Manager for Czech Republic & Slovak Republic at CTP.