Commitment to sustainable development drives leasing at SEGRO Logistics Park East Midlands Gateway
SEGRO is taking sustainability to a new level after securing a major pre-let at SEGRO Logistics Park East Midlands Gateway with a leading online retailer, which will include double-deck parking for 200 electric vans.
The customer has agreed a 15-year lease for a 150,000 sq ft unit on a 21-acre site. The BREEAM ‘Excellent’ (Building Research Establishment Environmental Assessment Method) building will be used as a distribution hub. The double-level vehicle parking areas will have the ability to provide electrical charging to all 200 van parking spaces on site. Other sustainable features include roof-mounted photovoltaic panels and LED lighting.
SEGRO has been able to provide an accelerated construction programme to enable the customer to expand its operations as quickly as possible. The accelerated programme will enable SEGRO to deliver the space to the customer in just over five months, rather than the nine months a standard build programme would take for a building of this size. Furthermore, the customer will have access to be able to begin its internal fit out after just 14 weeks.
The pre-let illustrates the developer’s ‘Responsible SEGRO’ commitment – a framework launched in February, which is anchored on three priority areas; championing low-carbon growth, investing in local communities and nurturing talent.
Andrew Pilsworth, Managing Director, National Logistics, SEGRO, said:
“This pre-let is a brilliant example of how we are supporting our customers’ growth plans and showcases how we are helping them meet their sustainability goals.
“The deal highlights the region’s increasing demand for modern, sustainable warehouse and industrial space, and how developments like SEGRO Logistics Park East Midlands Gateway can provide the scale, location and connectivity to meet them.”
Already home to a diverse range of customers including Games Workshop and DHL, the logistics hub is centrally located within the UK industrial and logistics market, offering immediate access to the UK’s motorway network as well as dedicated on-site rail and air freight terminal – the UK’s largest freight airport operating 24 hours a day – with direct link to Felixstowe and Southampton. The proximity to the major cities of Leicester, Derby and Nottingham and other local towns ensure a strong labour pool.
Practical completion of the new unit is anticipated in August 2021.
Notes to editors:
SEGRO is a UK Real Estate Investment Trust (REIT), listed on the London Stock Exchange and Euronext Paris, and is a leading owner, manager and developer of modern warehouses and industrial property. It owns or manages 8.8 million square metres of space (95 million square feet) valued at £15.3 billion serving customers from a wide range of industry sectors. Its properties are located in and around major cities and at key transportation hubs in the UK and in seven other European countries.
For over 100 years SEGRO has been creating the space that enables extraordinary things to happen. From modern big box warehouses, used primarily for regional, national and international distribution hubs, to urban warehousing located close to major population centres and business districts, it provides high-quality assets that allow its customers to thrive.
See www.SEGRO.com for further information.