731,000 sq ft logistics warehouse deal competed at iPort
A 731,000 sq ft warehouse facility at the iPort logistics hub in Doncaster has been let to a major online retailer.
Set to be completed in Q2 2020, the new warehouse will be the first building to start on site on the 300-acre second phase of logistics specialist Verdion’s iPort.
iPort spans 800-acres next to the M18 in Doncaster, with capacity for up to six million sq ft of logistics space in total.
Phase One occupiers include Amazon, CEVA, Fellowes and Lidl, with three smaller, speculatively-developed units of 195,000 sq ft, 119,060 sq ft and 58,879 sq ft currently ready for occupation.
iPort Phase Two has capacity for a further three million sq ft of developable logistics space. Outline planning is in place, the site access road is complete, all services including access to 52 MVA power are available, and individual building plots are all currently being prepared for immediate development.
John Clements, European development director at Verdion, said: “iPort is already the UK’s most advanced multimodal logistics hub and it’s now shaping up to become the most successful. This latest letting reinforces both Doncaster’s position as an e-commerce location of truly national importance and our commitment to successfully delivering high specification logistics space on a very large scale.
“Launching Phase Two means we can rapidly bring forward more major build-to-suit opportunities alongside smaller scale speculative developments for occupiers needing speed to market.
“This new warehouse will be a great boost for the area. But even with more space committed at iPort, the local workforce has ample capacity for the 2.7 million sq ft of logistics space still to come forward, and we’re pleased to be helping to create more employment opportunities both short and longer term.”
Leasing agents for iPort are Gent Visick, Colliers International and CBRE. The Healthcare of Ontario Pension Plan (HOOPP) is Verdion’s funding partner.
