New £82m distribution centre set for East Mids
Tritax Big Box REIT is set to invest some £81.8m in the development of a new regional distribution centre at Midlands Logistics Park (MLP), Corby.
The 2.6m sq ft scheme is pre-let to logistics firm Eddie Stobart and forms part of MLP, a new logistics park to the south of Corby.
Tritax Big Box says the scheme will be completed by winter 2018 and leased to Eddie Stobart on a new 20-year lease.
Colin Godfrey, partner of Tritax, said: “We are very pleased to be investing in this new regional distribution centre pre-let to Eddie Stobart, an established 3PL operator with long standing customer relationships.
“This is the first development in a new East Midlands logistics park south of Corby, which is benefiting from recent significant upgrades to the adjacent road network and offers the potential for rail connectivity.”