Search Company:
The development will comprise a new prime, state-of-the art, purpose-built facility.
Amazon is thought to be the retailer behind one of the biggest single pre-lets of 2018, which took place in December.
On Christmas Eve Tritax announced that it would be forward funding a 1.99 million sq ft pre-let at Citrus Group’s Integra 61 scheme in Durham, to the tune of £141.5 million with a ‘financially robust world leading retailer’. A trading update ahead of the publication of the Company’s results for the year ended 31 December 2018, released on Thursday 17th January 2019 linked Amazon with the both Integra 61 scheme as well as the dbsymmetry scheme in Darlington which was forward funded by Tritax to the tune of £120 million in May 2018.
The development will comprise a new prime, state-of-the art, purpose-built facility, with a gross internal floor area of c.1,992,061 sq ft inclusive of three structural mezzanine floors and a low site cover of c.32 per cent. The high specification facility will be cross-docked with an eaves height of over 20 metres. The property will also benefit from significant capital investment by the occupier, including high levels of automation. Read more
Source: LOGISTICS MANAGER
