Chinese e-commerce retailer MH Star has taken the whole of Firethorn Trust’s 37-acre Northampton Cross scheme in the East Midlands.
The e-commerce retailer has signed a 15-year tenancy on the two units, which span a total of 354,000ft2.
MH Star UK, a specialist in home, outdoor, office, pet, and children’s products sold by several in-house brands, has experienced rapid growth over the last year, accelerated by the consumer shift to e-commerce following the Covid-19 pandemic.
The new site, which is located directly off of Junction 15A of the M1 and offers enhanced access to the UK motorway network, will put the retailer in prime position for continued expansion, whilst bringing a boost to the local jobs market.
Arvind Panchmatia, General Manager at MH Star, commented: “As more consumers adapt their spending habits and shift to e-commerce, it has been increasingly important for us to source high-quality warehousing solutions so that we can effectively respond to ever-increasing demand. This new site will put us in a strong position to drive forward MH Star UK’s expansion as the business continues to grow and evolve.”
Firethorn Trust has a current development pipeline of more than three million ft2 nationwide, including an eight-unit scheme at Ascent Logistics Park in Leighton Buzzard, which will be available for occupation later this year.
Knight Frank acted for MH Star, while Lambert Smith Hampton & DTRE acted for Firethorn Trust.