Prologis UK has a agreed a 10-year lease with logistics and transport company ID Logistics for a 342,622ft² distribution centre at Prologis Grange Park in Northampton.
The facility, known as DC7, also includes an additional 389,319ft² mezzanine, taking the total floor space to 731,941ft².
ID Logistics and Prologis have an existing relationship, with the logistics firm leasing ‘close to 3 million ft²’ from Prologis across the UK, France, Spain, Belgium and the Netherlands, as well as outside of Europe in Brazil.
Paul Weston, regional head of Prologis UK, said: “DC7 at Grange Park in Northampton offers an ideal location and infrastructure to meet the evolving needs of modern logistics operations.
“We are delighted to partner with ID Logistics as they expand in the UK market and contribute to the dynamic logistics landscape here.”
Stuart Evans, managing director of ID Logistics UK, commented on the partnership: “This transaction in the UK is a significant step for ID Logistics.
“We are excited to begin operations at Grange Park – the DC7 facility perfectly aligns with our operational requirements and sustainability goals.
“We look forward to leveraging this strategic location to enhance our service offerings and deliver exceptional value to our clients.”
