Logicor has secured a deal with XPO Supply Chain UK Ltd (XPO) to take a new long-term lease on 645,000 sqft (59,920 sqm) at Bonehill Road, Tamworth, its largest UK letting to date.
The site previously housed a combined 595,000 sqft (55,277 sqm) warehouse unit, split into three bays. The middle unit will be redeveloped, raising the eaves height and adding an extra 50,000 sqft (4,645 sqm) of Grade A warehouse space to accommodate XPO’s new business contracts.
Works are due to complete in January 2018.
XPO has secured a new distribution agreement with Premier Foods and the deal will see the company move its multi-site warehousing operations to the Tamworth facility.
XPO expects to manage throughput of approximately two million pallets per year at the dedicated centre, which has the capacity for 80,000 pallets and will be fully operational from mid-2018 following a phased transition programme.
The facility will employ around 170 workers and be equipped with XPO’s state-of-the-art warehouse management system.
Charlie Howard, Logicor’s Managing Director, UK, comments: “We are delighted to conclude our largest UK letting, building on our strong relationship with XPO. This was a complex deal, with a number of parties involved, facilitated by working closely with our customer to accommodate their requirements.”