Thursday 29th Sep 2016 - Logistics Manager

XPO pre-lets 250,000 sq ft DC

XPO Logistics has pre-let a build-to-suit 250,000 sq ft distribution centre from Evander Properties at its 10-acre Grand Central, Trafford Park development in Manchester.

The warehouse will be comprised of 237,000 sq ft of warehouse space, plus 13,000 sq ft of office space. XPO will utilise the facility for distribution of the Missguided fashion brand.

Construction of the building, which will be developed to BREEAM “Very Good” certification, is due to commence at the start of August and complete by March 2016.

Evander is the developer and asset manager of Legal & General’s Industrial Property Investment Fund.

Jonathan Holland, fund manager for Legal & General’s Industrial Property Investment Fund, said: “The North West is a strategically important logistics location in the UK, which has seen increased take-up from occupiers in recent years.

“In particular, this has been driven by the multi-channel revolution in shopping trends, which continues to generate new distribution requirements from retailers as well as from parcel form carriers.”

JLL, GVA and Savills acted for Evander / Legal &General, and Louch Shacklock acted for XPO.