Furniture retailer Dwell has agreed to a build-to-suit warehouse at Prologis’ Prologis Park Marston Gate in Milton Keynes.
The new 151,000 sq ft facility is the first unit to be built on land that Prologis has acquired to extend the existing park. Construction began in June and the distribution centre, which has been designed to achieve a minimum BREEAM ‘excellent’ accreditation and the best EPC rating possible for its size, is scheduled for completion in early 2017.
“The building will serve as the national distribution centre for Dwell,” said Marcin Twardysko, head of distribution, Dwell. “Marston Gate is in an ideal location for our logistics network, and the unit has the flexibility to accommodate Dwell’s continuing growth. We are delighted to have secured it.”
Prologis Park Marston Gate is located to the south east of Milton Keynes next to Junction 13 of the M1 motorway.
“We decided to extend Prologis Park Marston Gate because we believe it offers one of the best opportunities for logistics operators on the M1 corridor,” said Andrew Griffiths, managing director, Prologis UK. “We already have detailed planning permission for the site, so we can deliver Dwell’s new distribution centre to meet the company’s operational deadline.”
Lambert Smith Hampton and Burbage Realty acted for Prologis. Dwell was represented by Savills.