Panattoni buys M1 corridor site in East Midlands

LinkedIn +

Industrial developer Panattoni, bought a 31-acre site at Junction 28 of the M1 where it plans to bring forward two speculative warehouses.

Panattoni Park J28 Central M1 is the latest addition to the developer’s portfolio, having recently announced that it would speculatively build three million ft2 warehouse space in the UK this year.

The site will accommodate two warehouses, a 343,185 ft2 and 231,068 ft2 unit, which are expected to complete in Q4, 2022.

Both buildings will be built to a BREEAM rating of ‘Very Good’, an EPC rating of ‘A’ and have 15m clear internal height and 50m yards.

Andy Preston, Development Manager at Panattoni said: “We are seeing strong demand for Grade A accommodation across the whole of the Midlands currently, and see Panattoni Park J28 as a perfect fit within our expanding portfolio, which currently includes sites at Derby, Nottingham and EMDC.”

FHP have been appointed as agents on the scheme.

Share this story: