Logistics firm makes a move for 163,000 sq ft warehouse

Delin Property has signed a long-term lease for third-party logistics provider Lloyd Fraser to occupy its 163,000 sq ft warehouse on Magna Park in Lutterworth.

The property, XDock 163, features 22 dock doors and three level access doors.

Duncan Jarvis, head of portfolio management at Delin Property, said: “We’re delighted to welcome Lloyd Fraser as a new customer. This is a great outcome for our UK portfolio and underscores the quality and location of this property. We signed at an attractive rent with Lloyd Fraser utilising the existing racking and fit-out as a plug and play solution, limiting how long the property stood empty after the previous occupier vacated it in the first quarter of this year.”

Lambert Smith Hampton and Carter Jonas advised Delin Property.