Parcel giant signs 15-year deal

Global distribution giant DHL has taken a 32,000 sq ft unit in Lincoln until 2034.

It is a new-build unit that was completed in the spring at St Modwen Park Lincoln.

The site’s first phase of 95,000 sq ft could soon be added to by a further 75,000 sq ft of development. In total the 70-acre business park has planning consent for 960,000 sq ft of space.

St Modwen’s senior development manager Rob Richardson welcomed “such a recognised and well-respected organisation to the park”.

He added: “This deal demonstrates the need for high-quality industrial and logistics space within the region and justifies our decision to speculatively develop these units.”

DHL will base part of its Express division at Lincoln.

Click here to sign up to receive our new South West business news...
Close