X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

PETERBOROUGH, UK-Furniture supplier Willis & Gambier has leased 545,000 sf of industrial space at ProLogis Kingston Park, a 1.5-million-sf-master-planned industrial park in the East Midlands. With the deal, the furniture company will be consolidating its distribution facilities from three sites to one. The new facility will serve as Willis & Gambier’s nationwide distribution center. The price of the lease was not disclosed.

The industrial facility at Kinston Park is part of a development called Hampton, a new, 2,500-acre township currently being created on the southern side of Peterborough, Cambridgeshire. A shopping centre has already been built, 8,000 new homes are in the pipeline, and Peterborough’s town centre will also be redeveloped. The plans are part of a regeneration program to transform Peterborough into one of Europe’s leading cities by 2020, when its population is expected to have grown by more than a third.

Alan Curtis, managing director for ProLogis in the UK says in a prepared statement that “with convenient access to modes of transportation and large local population, Peterborough has quickly become an attractive place for companies with large-scale distribution requirements. So far, we have leased more than 1.3 million sf of inventory space and have just completed development on a third facility at the park, for which we are already seeing strong activity. We look forward to working with Willis & Gambier in Peterborough and to serving as their facilities provider of choice.”

Michelle Garrett, operations director for Willis & Gambier, notes that the company selected the site based on its ability to meet their national distribution requirements. “ProLogis Kingston Park will serve as an ideal location for our business operations, offering access to a high-quality labor pool and an excellent regional transportation infrastructure.”

Located at the junction of two major highways, ProLogis Kingston Park is within a one-hour drive of four major airports–London Stanstead, Luton, Birmingham International and East Midlands–and is in close proximity to multimodal transportation corridors. The park consists of three facilities: the Willis & Gambier facility; an 187,000-sf inventory building completed earlier this month; and a 726,000-sf facility leased to Debenhams, a major UK department store and leading online retailer.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 3 free articles* across the ALM subscription network every 30 days
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2020 ALM Media Properties, LLC. All Rights Reserved.