Thursday 21st Feb 2019 - Logistics Manager Magazine

Tesco to open 500,000 sq ft DC in Essex

Tesco plans to develop 500,000 sq ft of regional distribution facilities in Essex after exchanging contracts with the London Development Agency to buy the freehold of 35.2-acres at Beam Reach 5 in Rainham.
The development by Spen Hill, an arm of Tesco, will begin as soon as planning permission has been obtained. The company will submit a planning application with London Borough of Havering imminently.

Beam Reach is situated alongside the A13 at the Marsh Way interchange, providing a gateway to east London. More than 900 jobs are expected to be created.

The LDA has agreed options for Tesco to purchase additional land at the 84-acre Beam Reach 5 site to enable further expansion.

CB Richard Ellis, Kemsley, and North Rae Sanders advised the LDA; Lambert Smith Hampton advised Tesco.