Logicor, a leading European owner and manager of logistics real estate, has let its 170,598 sq ft Wellingborough distribution / production facility to GXO Logistics, on a new long-term lease.
Wellingborough170 will be used by the leading supply chain partner to help their customers fulfil increasing orders.
Located on Park Farm Industrial Estate to the West of Wellingborough, a strategic logistics location in the East Midlands, with access to the M1 and A14 East Coast ports, Wellingborough159 is positioned in an established industrial and logistics park. Nearby occupiers including TNT, DHL and Co-Op.
Jack Garrett, Senior Asset Manager – UK, Logicor comments: “Increasing numbers of occupiers are being attracted to the connectivity credentials offered by this location, along with its strong population growth and highly skilled local workforce.
“GXO Logistics already have a presence nearby and know the area well, making this refurbished, high-quality distribution facility the ideal choice for them.”
Burbage Realty and DTRE advised Logicor.