Prologis development programme adds nearly 700,000 sq ft to logistics market
Logistics developer Prologis UK has completed a £240m portfolio of development across London and the Midlands.
The work brings 627,724 sq ft of new logistics space to the market across three sites – with a further 62,537 sq ft refurbished in Birmingham’s strongest market.
The construction projects were at Prologis Park Midpoint and Prologis Park Bromford Gate, both located in Birmingham, and at Prologis Park West London and Prologis Park Brooklands in Weybridge.
The new 163,754 sq. ft. unit, DC6 at Prologis Park Midpoint, has brought the total floor space of one of the UK’s most successful logistics parks to over 1.6 million sq. ft. and is located within the logistics “Golden Triangle” in the Midlands.
The recently refurbished unit DC1 (62,537 sq. ft.) at Prologis Park Bromford Gate is situated just over three miles from Birmingham city centre.
Paul Weston, regional head at Prologis UK, said: “Our investment into such an extensive development programme goes to show the lengths to which we are prepared to go to service the market, and our customers. After listening to the market, we’re excited to be completing our new units that push the boundaries of what is achievable in the industrial and logistics sector.
“Having led the charge for sustainable and innovation in logistics property developments, we’re proud to continue our legacy of providing spaces that truly add value to our customers and communities.”