Deal revealed for ‘largest warehouse in the Midlands’
Yusen Logistics UK has taken a 1.2m sq ft warehouse believed to be largest warehouse in the Midlands.
The firm has become the first company to lease a building at SEGRO Logistics Park Northampton. The building will be Yusen’s largest facility globally.
Yusen Logistics – a lsupply chain logistics company – is an existing tenant at SEGRO’s Grange Park estate in Northampton. The lease, which is subject to detailed planning consent, is for Yusen Logistics to move into the unit at the 600-acre industrial and logistics park, which includes a 35-acre rail freight interchange.
The unit is expected to be fully operational by summer 2025. Meanwhile, the construction of the rail freight terminal has been completed and Network Rail is scheduled to undertake the signalling work to connect the terminal to the rail network by Autumn 2024.
David Goldsborough, managing director at Yusen Logistics UK, said: “This Yusen Logistics UK facility, in partnership with SEGRO, sets a new logistics industry benchmark and further emphasises our commitment to providing sustainable logistics services by 2050.
“We are both proud and excited to be a part of this exciting project and look forward to achieving our sustainability goals.”
Dan Holford, head of national markets at SEGRO, said: “We’ve been working hard to create the infrastructure and develop this site in preparation for the first warehouses. It is testament to our strong customer relationship that Yusen Logistics UK has chosen to grow with us and become a strategic occupier at SEGRO Logistics Park Northampton.
“SEGRO Logistics Park Northampton not only represents a critical piece of our national industrial infrastructure for storing and transporting goods, it is enabling employment and economic growth and doing so with sustainability at its heart. We’re particularly pleased that rail freight terminal is proving to be an important factor in the decision to locate at this development.”
