Thursday, December 26, 2024

Third-party logistics provider signs long-term lease for 163,000 sq ft warehouse

Delin Property has signed a long-term lease for third-party logistics provider Lloyd Fraser to occupy its 163,000 square-foot crossdock warehouse at an East Midlands logistics and distribution hub.

The property, XDock 163, is in Lutterworth’s Magna Park.

Duncan Jarvis, head of portfolio management at Delin Property, said: “We’re delighted to
welcome Lloyd Fraser as a new customer. This is a great outcome for our UK portfolio and
underscores the quality and location of this property.

“We signed at an attractive rent with Lloyd Fraser utilising the existing racking and fit-out as a plug and play solution, limiting how long the property stood empty after the previous occupier vacated it in the first quarter of this year.”

XDock 163 features 22 dock doors and three level access doors. Inside, the property has a
12.5m clear height, with the storage potential for 17,000 pallets, 360-degree circulation for
heavy good vehicles and a low 40% site cover.

Lambert Smith Hampton and Carter Jonas advised Delin Property.

A message from the Editor:

Thank you for reading this story on our news site - please take a moment to read this important message:

As you know, our aim is to bring you, the reader, an editorially led news site and magazine but journalism costs money and we rely on advertising, print and digital revenues to help to support them.

With the Covid-19 pandemic having a major impact on our industry as a whole, the advertising revenues we normally receive, which helps us cover the cost of our journalists and this website, have been drastically affected.

As such we need your help. If you can support our news sites/magazines with either a small donation of even £1, or a subscription to our magazine, which costs just £33.60 per year, (inc p&P and mailed direct to your door) your generosity will help us weather the storm and continue in our quest to deliver quality journalism.

As a subscriber, you will have unlimited access to our web site and magazine. You'll also be offered VIP invitations to our events, preferential rates to all our awards and get access to exclusive newsletters and content.

Just click here to subscribe and in the meantime may I wish you the very best.









Latest news

Related news

By continuing to use the site, you agree to the use of cookies. more information

The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.

Close