Via 3L Latvia is part of the largest industrial lease transaction in the Baltics – at Rumbula Logistics Park in Latvia

Posted by Kristine Verza

RIGA – Colliers Industrial&Logistics Agency team has successfully mediated the lease transaction between Sirin Development and VIA 3L – a group of third-party logistics companies in the Baltics providing a full range of international freight forwarding and warehouse logistics services – for 24 000 m2 of warehouse and office space rent at Rumbula Logistics Park in Latvia. This is the largest lease transaction this year so far in the Baltic region.

“Strategic investment in technology, equipment, and development of our employees have laid a solid foundation for growth. Consequently, together with our employees and long-term clients, we have taken the leading position among competitors, continuously improving our processes to meet the needs of a demanding business environment. VIA 3L Latvia will continue to provide some of the most modern warehouse services in Latvia, and with the new warehouse, the company can become the central Baltic warehouse rendering a full range of logistics services, including customs status warehouse procedures and international freight forwarding. Our aim is to be the central warehouse in the Baltics with the main office in Riga, and now we have the capacity to fulfilling this goal” says Raimonds Krampāns, CEO of VIA 3L Latvia.

“The 4th stage of Rumbula Logistics Park has been successfully completed, expanding the park’s total area to 90 000 square meters. We are glad that one of the leading 3PL logistic service providers in the Baltic region has chosen our logistics park as their operational location. The increasing preference for larger park facilities, as opposed to individual buildings, reflects the flexibility they offer, accommodating expansion and contraction needs. In larger parks, an ecosystem develops, facilitating cooperation among tenants, which contributes to cost savings. Modern, sustainable warehouses not only guarantee operational efficiency but also prioritize employee well-being.  Rumbula Logistics Park’s strategic location, accessibility and competitive pricing have made it an attractive choice for various businesses,” adds Laurynas Kuzavas, CEO of SIRIN Development.

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