SEGRO to spec build major warehouse at East Midlands Gateway site
SEGRO has announced plans to speculatively build at its 700-acre logistics site, SEGRO Logistics Park East Midlands Gateway, in a move which it says reflects the company’s confidence in market demand in the region.
This is the first speculative development at the park and will create over 220,000 sq ft of warehousing. The building is scheduled to be ready for occupation in October 2021.
The unit will be developed to high sustainability standards, with the building achieving a BREEAM (Building Research Establishment Environmental Assessment Method) ‘Excellent’ rating and it will be a net carbon zero building.
Andrew Pilsworth, managing director, national logistics, SEGRO, said: “This speculative development is really exciting, as it highlights our confidence in the ongoing demand for well located, connected, modern space in the East Midlands and underpins the importance of logistics.
“Including this speculative build, we currently have four units under construction, after which the park will be nearly 75% full. We’ll be working hard over the coming months to secure customers for the spec build and the remaining 1.5m sq ft of space to ensure that SEGRO Logistics Park East Midlands Gateway can continue to play a key role in creating jobs and economic growth in the region.”