SEGRO completes flagship West London co-location industrial scheme SEGRO Park Hayes with just one mid-box remaining
SEGRO Park Hayes, the 239,665 sq ft urban industrial development in West London, has been completed and is almost fully occupied with only a single highly-sought mid-box sized unit remaining
SEGRO Park Hayes
Located on the site of the iconic former Nestlé chocolate and coffee factory, the 30-acre site was acquired by SEGRO in 2015, and developed in a partnership with Barratt London to create a landmark scheme to deliver over 1,300 new homes co-located alongside the high quality sustainable industrial park.
The scheme has attracted a range of occupiers, including an international food and drink wholesaler and distributor who agreed to lease the largest 96,700 sq ft unit. SEGRO has also secured a lease with Transglobal Express, the air freight, sea freight and international courier services provider, which is upsizing from a SEGRO asset at Heathrow to occupy a 35,000 sq ft warehouse and distribution facility The 84,300 sq ft unit has been let to a company in the creative industries. SEGRO Park Hayes is now almost fully occupied, with only a single remaining unit totalling 24,720 sq ft available.
Electric vehicle charging points have been installed across the site to assist customers with the adoption low and zero emission vehicles, and help improve air quality in line with London emissions targets. Additionally, there are several features to reduce the level of energy consumed by the buildings, including LED lighting, air source heat pumps and reflective glazing.
The scheme demonstrates the developer’s ‘Responsible SEGRO’ commitments of championing low-carbon growth and investing in local communities – ultimately helping SEGRO to meet its sustainability goal of being net-zero carbon by 2030. It is designed to carbon neutral standards for regulated energy use, with the buildings being powered by energy produced from photovoltaic panels.
Alan Holland, Managing Director, Greater London, SEGRO, said:
“SEGRO Park Hayes is a ground-breaking scheme which embodies key principles of the London Plan in terms of sustainable development, being sympathetic to local heritage and maximising the value of limited land availability. It is the first industrial development of its kind in the Capital which combines living and employment space on the same site and which has been master-planned to be truly complementary.
“The leasing momentum is symptomatic of the occupier demand for such workspace, and a demonstration of the growing trend of a flight to quality and environmentally sustainable spaces. Interest in the remaining mid-box unit is positive, and we’re confident of completing full occupancy in the near future.”
Craig Carson, Divisional Managing Director at Barratt London, said:
“Our partnership with SEGRO at Hayes Village demonstrates what can be achieved when residential and industrial developers collaborate and adopt a long-term approach to regeneration from the outset. Together we have resurrected the former Nestle factory site, opening it up to the public for the first time in a century, creating open spaces for the local community to enjoy whilst still keeping the original spirit of the factory alive.
“Hayes Village is not only delivering homes for local people, but boosting employment opportunities in Hayes, from construction roles during the delivery of the development to the circa 500 jobs provided long-term. We are proud of our partnership with SEGRO, and hope that Hayes Village will prove a blueprint for future mixed-used developments across the Capital.”
SEGRO Park Hayes is in a prime location for business and residents. Situated less than a mile from junction 3 of the M4 motorway, the site offers easy access to the UK motorway network for regional distribution and to central London for urban logistics operators. It is also only nine minutes from Heathrow Airport and close to Hayes and Harlington railway station, which offers a quick and easy connection into Central London via the Elizabeth Line.
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About SEGRO
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 9.7 million square metres of space (104 million square feet) valued at £23.8 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.
A commitment to be a force for societal and environmental good is integral to SEGRO’s purpose and strategy. Its Responsible SEGRO framework focuses on three long-term priorities where the company believes it can make the greatest impact: Championing Low-Carbon Growth, Investing in Local Communities and Environments and Nurturing Talent.