IDI Gazeley leases over 550,000 sq ft to two leading American ecommerce companies at Magna Park, Lutterworth and Daventry Distribution Centre

31 October 2016 – IDI Gazeley, a leading global investor and developer of logistics warehouses and distribution parks, today announces the successful leasing of a 258,503 sq ft unit at Magna park, Lutterworth and a 297,111 sq ft unit at Daventry Distribution Centre to two leading American ecommerce businesses.

Magna Park, Lutterworth and Daventry Distribution Centre are both located in the Midlands’ ‘Golden Triangle’ for logistics property which has access to over 85% of the UK Population within a 4.5 hour drive.

Building 4400 at Magna Park, Lutterworth, is a newly refurbished 15-year-old cross dock facility with 131 dock level loading doors, 185 car parking spaces, and 163 HGV parking spaces.

Daventry Distribution Centre is an integral part of IDI Gazeley’s rolling “spec build program.” It is situated on Royal Oak Industrial estate and has 28 dock level loading doors, 3 level access doors, 230 car parking spaces and 120 HGV parking spaces.

Magna Park, Lutterworth is the largest and most successful dedicated distribution hub in Europe and is home to some of the leading third-party logistics, distribution and e-commerce businesses in the world including Asda, Argos and DHL.

Daventry Distribution Centre, in addition to its excellent road links being just a short distance away from a number of national motorways including the M45, M1, M6 and M40, benefits from strong rail and air connections with Luton, Birmingham and East Midlands airports all within a one hour drive.

Alex Verbeek, Managing Director UK, IDI Gazeley, commented: “Our new customers are a welcome addition to the growing customer community in our expanding portfolio across the world. Their arrival further strengthens Magna Park, Lutterworth and Daventry Distribution Centre’s market-leading credentials and their position as two of the most successful distribution hubs in Europe.

“The units’ high-quality design, as well as extensive sustainability credentials, combined with the prime position of both parks, are perfectly in line with the businesses’ requirements. We have worked with these companies over the years and are delighted to help them strengthen their supply chain infrastructure and support their continued development in the UK and Europe.”

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For more information please contact:

Ged Brumby
Smithfield
+44(0) 20 7903 0674
gbrumby@smithfieldgroup.com

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Reed Barrickman
+1.404.479.1626
reed.barrickman@idigazeley.com

Europe et Au-delà
Ged Brumby
Smithfield Consultants
+(0)20 7903 0674
gbrumby@smithfieldgroup.com

Rob Yates
Smithfield Consultants
+(0)20 7903 0625
ryates@smithfieldgroup.com