Leading European logistics firm, Arcese UK has taken occupation of a 90,000 sq ft logistics building in Daventry.
The company, which has its UK headquarters in Tilbury, Essex, has relocated its Midlands distribution hub to Unit 15, Fawsley Drive, part of Heartlands Business Park in Daventry. DTZ’s industrial agency team agreed the deal on behalf of the former tenant Sims Group UK.
The 89,139 sq ft property underwent a complete refurbishment, project managed by DTZ’s Building Consultancy team, when Sims vacated the premises earlier this year.
Arcese is a private Logistics company headquartered in Italy with 500,000 sq m of warehouses throughout Europe and employing over 2,600 employees. Their move to Daventry is an expansion from their former premises in Crick and is based on the strategic motorway connectivity the new premises offered.
Gemma Constantinou of DTZ’s Industrial agency team, commented: “We are delighted to have agreed this letting within such a short time frame of the refurbishment completing. As part of our marketing strategy, DTZ expanded the planning use class to encompass storage and distribution use which, together with the high quality refurbishment, appealed to Arcese which was seeking premises in Daventry.”
Keith Luetchford of Arcese, commented: “The building was ideally suited for us being within 1 km of three of our major clients to service them for distribution and storage. The site also gives us the ability to park over 80 trailers within the secure yard area, which is a real benefit. We are sure that this facility will help us further the development our business and aid local employment in the area.”