Pan-European logistics real estate specialist Verdion has signed a lease agreement with Euro Pool System (EPS) for its latest speculative building at iPort, Doncaster.
Euro Pool System, one of the leading logistics companies of reusable packaging in the European fresh supply chain, has signed a 10-year lease for a 116,791 sq ft high-quality distribution facility iP1a.
iP1a is the third of four speculatively-developed warehouses completing at iPort in 2022. All buildings are designed to EPC A rating and BREEAM Very Good.
John Clements, Executive Director, at Verdion, said: “Euro Pool System is an innovative business leading the way in sustainability and efficiency in the fresh supply chain with their returnable packaging containers (RPC’s), and we are pleased to be able to facilitate the growth requirements for Euro Pool System business in the UK. With discussions underway well before the building was completed, this deal is further evidence of the demand we are experiencing from potential tenants reinforcing the importance of our wider speculative development programme.”
Dirk Vercammen, Regional Director Region West at Euro Pool System, commented: “iPort is one of the UK’s most advanced multimodal logistics hub and industrial accommodation close to Junction 3 of the M18 and the East Coast Main Line. It provides an ideal base as a strategic location for Euro Pool System expansion in the UK to service customer needs using advanced solutions for our retail customers.”
In addition to this year’s 680,000 sq ft of speculative development and existing facilities for Amazon, Fellowes, CEVA, Lidl, Maritime Transport, Dusk, Kingsbury Press and Woodland Group, iPort’s remaining 1.7 million sq ft includes capacity for further specialist buildings up to 800,000 sq ft.
It also benefits from an award-winning multimodal on-site rail freight terminal. iPort Rail, is increasingly being used by companies based on-site and across the region looking to cut carbon across their supply chains, with rail connections to major UK sea ports.
Gent Visick advised Verdion and Knight Frank acted for Euro Pool System. Gent Visick, CBRE and Colliers are the retained leasing agents for iPort.