E-commerce retailer takes 354,000 sq ft at M1 distribution hub

Northampton Cross
X The Business Desk

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Firethorn Trust’s first UK development, Northampton Cross, has been fully-leased by MH Star UK, which will occupy the 37-acre scheme from October 2021.

The e-commerce retailer has signed a 15-year tenancy on the two units, which span a total of 354,000 sq ft

MH Star UK, a specialist in home, outdoor, office, pet and children’s products sold by several in-house brands, has experienced rapid growth over the last year, accelerated by the consumer shift to e-commerce following the Covid-19 pandemic.

Arvind Panchmatia, general nanager at MH Star, said: “As more consumers adapt their spending habits and shift to e-commerce, it has been increasingly important for us to source high-quality warehousing solutions so that we can effectively respond to ever-increasing demand. Northampton Cross delivered on every aspect, from modern, flexible office spaces to renewable energy provisions and welfare facilities for employees.

“It has been a pleasure working with Firethorn Trust, and we are delighted to be leasing both units at the scheme. This new site will put us in a strong position to drive forward MH Star UK’s expansion as the business continues to grow and evolve.”

Chris Webb, partner at Firethorn Trust, added: “MH Star’s tenancy is an incredibly exciting milestone for Firethorn. Northampton Cross is the first UK development opportunity that we acquired, we are proud to have agreed such a significant lease within a year of bringing the scheme to market, and prior to its completion in October.

“This deal underpins Firethorn’s ongoing commitment to creating highly-specified, modern and adaptable industrial and logistics solutions in strategic locations across the UK, to help connect businesses, people and places.”

Knight Frank acted for MH Star, while Lambert Smith Hampton & DTRE acted for Firethorn Trust.