RYTON, TYTON-WEAR, United Kingdom—Prologis has inked a new lease agreement with Jaguar Land Rover for 225,000 square feet at Prologis Park Ryton.
The facility, which is part of Jaguar Land Rover's recently launched special operations division, will be the company's global hub for the creation of its high-performance, luxury bespoke vehicles.
"We are very excited by the capability and potential that this new facility will give us," said John Edwards, the auto maker's managing director of special operations. "We will be creating truly iconic vehicles that reinforce the global reputation of both the Jaguar and the Land Rover brands as we expand our product portfolio and fulfill our ambitious plans."
The new facility, completed in May, is proximate to Jaguar Land Rover's headquarters, and is well-located at the heart of the motorway network, within easy reach of the M6, M69 and M40/M5, near Coventry.
"We are delighted that Jaguar Land Rover has chosen to establish its special vehicles operations technical center at Ryton," said Andrew Griffiths, managing director, Prologis U.K. "We are investing in our prime sites to create the best opportunities in the market for our customers, and we are pleased that our facility meets Jaguar Land Rover's requirements."
Prologis owns and manages approximately 20 million square feet (21,000 square meters) of logistics and distribution space in the U.K. as of June 30.
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