Parcelforce Worldwide has taken a 97,000 sq ft site at Walton Summit in Preston. It will relocate to the new depot from its existing Preston.
Jones Lang LaSalle acted on for the Royal Mail subsidiary which recently announced plans to invest £75 million in expanding its UK depot network.
Daniel Burn, director at Jones Lang LaSalle industrial and logistics in Manchester, said: “While there are big challenges facing traditional retailers, strong growth in e-commerce is continuing to drive demand for strategically located distribution space. This is the fourth deal we’ve completed for Parcelforce in recent months and we’re continuing to support the business’ expansion plans in the North West.”
Jones Lang LaSalle also advised landlord Freshwater Property Management alongside joint agents Bailey Deakin and Hamiltons.