History |
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Identifying
areas of opportunity in an era of tremendous change in the
real estate business was Menard Doswell's goal when he left
Rouse & Associates (now Liberty Property Trust) to form
Menard Doswell & Co. in 1988 before the real estate down-turn
of the following years. Menard Doswell & Co. was formed
as a full service real estate firm focusing on the development,
management and leasing of properties in the Washington, D.C.
area. In 1992, Doswell extended the focus of the company to
include the development of properties in the emerging markets
of Central and Eastern Europe, especially Poland, to capitalize
on further change in the industry. To this day, Menard Doswell
& Co. strives to provide efficient, flexible and productive
facilities for firms operating in the new markets of Europe. |
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Menard Doswell,
the company's principle, was one of the four founding partners
of Rouse & Associates, a major international real estate
developer headquartered in Philadelphia, Pennsylvania, in 1972.
During his twenty years of active participation, Rouse &
Associates developed in excess of 9,000,000 square meters of
commercial, hotel and industrial real estate across the United
States and in the United Kingdom, and was among the top 10 developers
in the United States. Today Rouse & Associates trades on
the New York Stock Exchange as Liberty Property Trust (LRY). |
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Menard Doswell & Co.'s
first project in Central Europe was the 36000 m2 Warsaw Industrial
Center (WIC), the first warehousing project built to international
standards in the region. Located one kilometer from Warsaw's
international airport, WIC housed the corporate offices and
distribution centers of some of the world's leading companies
including Johnson & Johnson, Novartis, Bayer, Philip Morris,
and Whirlpool. The design and construction provided a high ratio
of truck doors to storage area, high bay stacking, counter-clockwise
truck circulation, and high energy efficiency. Also adding to
Warsaw Industrial Center's appeal was its state-of-the-art sprinkler
and fire suppression system, sophisticated cutting edge telecommunications
system, and twenty-four hour security. |
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In 1997, Menard Doswell &
Co. sold the Warsaw Industrial Center to a U.S. REIT (Real Estate
Investment Trust) marking the first transaction of its kind
in Poland. The investment grade quality of Menard Doswell &
Co.'s project has distinguished the developer as a leader in
the real estate development business in the region.
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Menard Doswell & Co. currently
has 85,000 m2 under development as part of the first phase of
its newest project, the 55 hectare Alliance Logistics Center.
Alliance will be the first true industrial park in Poland by
providing superior, class A distribution, logistics and light
industrial space on Warsaw's arterial road from Western Europe
(E30) in a park-like atmosphere. Fifteen kilometers from Warsaw,
Alliance provides firms with maximum flexibility - unlimited
expansion capability, lease or buy, land purchases and design
flexibility.
After the successfully completing of Phase I, II, and III of the Alliance Logistics Center by delivering 140 000 m2 of warehouse and light production space, Menard Doswell & Co. has expanded the development through the purchase of a 23 ha site directly adjacent to the site and the E30 Highway. This newest phase will accommodate up to 210 000 m2 of the same class A distribution and light production facility as has been developed to-date. The expansion of the park allows us to better accommodate the expansion needs of our current clients and to meet the growing demands of the market. |
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