Panattoni, the largest industrial real estate developer in Europe, has signed a lease agreement with UPS, one of the world’s largest package delivery companies, for a 280,700 sq ft speculatively developed facility at Bolton. UPS has signed a 10-year lease for the largest of the two facilities at the 360,700
Icon Industrial, a strategic joint venture by leading commercial property developer, Stoford and private global investment firm, TPG Real Estate, has completed the first of two new Grade A warehouse developments in Harlow. The JV has delivered Unit D, a bespoke last mile distribution unit of 84,407 sq ft
Mountpark Logistics, a leading developer of industrial and logistics property, announced today that it has started construction on an inventory cross-docked unit of 359,500 sq ft at Mountpark Bristol 360 in Central Park, Avonmouth. The building is due to complete in July 2021. Designed to achieve BREEAM ‘Excellent’ certification with
Mountpark Logistics has started work on a major 359,500 sq ft speculative development in Bristol which is due to complete in July 2021. The building has the potential to attract several hundred new jobs to the local area. The developer of industrial and logistics property has started construction on an
Panattoni, the largest industrial real estate developer in Europe, has signed a lease agreement with UPS, one of the world’s largest package delivery companies, for a 280,700 sq ft speculatively developed facility at Bolton. UPS has signed a 10-year lease for the largest of the two facilities at the 360,700 sq ft Panattoni Park Bolton, which has a BREEAM sustainability rating of ‘Very Good’ and an EPC rating of ‘A’. The facility, which has a 15m clear internal height, 24 dock doors and five-level access doors, was completed in September. It is expected that more than 280 jobs will be created. The first unit of 80,000 sq ft was pre-let in January to Hermes Parcelnet, one of the UK’s largest parcel delivery companies. Panattoni Park Bolton is close to junction 6 of the M61, providing easy access to the key ports of Liverpool to the west and Hull to the east; the M6 is less than 15 minutes drive, providing access to Scotland, the wider north west and the Midlands. Dan Burn, Development Director for the North West and Yorkshire at Panattoni, said: “Panattoni Park Bolton is the only development of its size and scale to have been built in Greater Manchester this year. The fact that we have let the two units to two global delivery companies reflects their confidence in this region. “The town has the second highest employee base in Greater Manchester, yet with wages below the regional average labour costs remain attractive, as does the good mix of skills among the workforce. Employment in the logistics sector is considerably higher than both the regional and national average”. DTRE, Savills and Knight Frank were the letting agents and TSL Projects was the contractor.
Icon Industrial, a strategic joint venture by leading commercial property developer, Stoford and private global investment firm, TPG Real Estate, has completed the first of two new Grade A warehouse developments in Harlow. The JV has delivered Unit D, a bespoke last mile distribution unit of 84,407 sq ft at Icon Harlow in Essex, on behalf of an international online retailer. The new building is part of phase two Icon Harlow, providing almost 200,000 sq ft of much needed Grade A warehouse accommodation for the London-Stansted-Cambridge corridor. A second unit (E) is under construction on a speculative basis, with completion scheduled for October 2021. The Grade A unit will extend to 112,000 sq ft and provides the rare opportunity to occupy one of the only available buildings over 100,000 sq ft in the north M25. Phase one of Icon Harlow completed last year and comprised three highly specified units, including two speculatively constructed. All three units are now occupied and extend to 244,258 sq ft. Angus Huntley, Director at Stoford, said: “Icon Harlow has attracted significant interest from distributors looking for much needed quality warehouse and logistics accommodation in the home counties, but with quick access to London and the wider South East. The final unit (E) will provide Grade A accommodation with enhanced sustainability credentials, including PV arrays and 20% EV car charging provision. We have the opportunity to offer occupiers early access to the warehouse from the end of September 2021.” Icon Harlow is conveniently located in close proximity to Harlow town centre and benefits from excellent road, rail, air and sea links. The development lies a short drive from junction 27 of the M25, just 17 miles from London Stansted Airport, 30 miles north of central London and 34 miles from DP World’s London Gateway Port. Existing occupiers include SOP International, Verhoek Europe and leading arts and crafts supplier, Baker Ross. For all enquiries, please contact the scheme’s retained agents: DTRE, JLL and M1 Agency.
Mountpark Logistics, a leading developer of industrial and logistics property, announced today that it has started construction on an inventory cross-docked unit of 359,500 sq ft at Mountpark Bristol 360 in Central Park, Avonmouth. The building is due to complete in July 2021. Designed to achieve BREEAM ‘Excellent’ certification with an EPC A rating, the facility includes features, such as rooftop Solar PV array and battery storage that will help maximise operational efficiency. The building, which has the potential to attract several hundred new jobs to the local area, has been designed to enhance employee wellbeing, with measures such as natural daylight in the warehouse and an office rooftop terrace. Close to the new M49 (J1), Mountpark Bristol 360 is within easy reach of the M4, M5 and M48 motorways and a 4.5 hour drive time of 85% of the UK population. Intermodal facilities and international transport connections are available at the Central Park rail freight terminal, at Avonmouth and Royal Portbury docks and at Bristol Airport. “Mountpark Bristol 360 is a prime site at the economic heart of the South West,” said David Carvey, Development Director UK & Ireland, Mountpark. “There is a shortage of Grade A stock in the region and rising demand. Central Park is an established distribution location and we believe this new development provides one of the best logistics property opportunities on the market.” JLL, Colliers International and DTRE are acting for Mountpark. The Development Manager is Stoford.
Mountpark Logistics has started work on a major 359,500 sq ft speculative development in Bristol which is due to complete in July 2021. The building has the potential to attract several hundred new jobs to the local area. The developer of industrial and logistics property has started construction on an inventory cross-docked unit at Mountpark Bristol 360 in Central Park, Avonmouth. Designed to achieve BREEAM ‘Excellent’ certification with an EPC A rating, the facility includes features, such as rooftop Solar PV array and battery storage that will help maximise operational efficiency. The building has been designed to enhance employee wellbeing, with measures such as natural daylight in the warehouse and an office rooftop terrace. Close to the new M49 (J1), Mountpark Bristol 360 is also near the M4, M5 and M48 motorways. Intermodal facilities and international transport connections are available at the Central Park rail freight terminal, at Avonmouth and Royal Portbury docks and at Bristol Airport. “Mountpark Bristol 360 is a prime site at the economic heart of the South West,” said David Carvey, development director UK & Ireland, Mountpark. “There is a shortage of Grade A stock in the region and rising demand. Central Park is an established distribution location and we believe this new development provides one of the best logistics property opportunities on the market.” JLL, Colliers International and DTRE are acting for Mountpark. The development manager is Stoford.
