Mountpark Baldonnell the new logistics home for Home Store + More.20th February 2019
Mountpark Logistics is delighted to announce that it has concluded an agreement, with nationwide homeware specialist Home Store + More, to lease Unit B of the Mountpark Baldonnell Development. The 25 – year lease, will see Home Store + More locate their main warehouse facility for their nationwide operation in Mountpark’s Baldonnell Logistics Park.
Home Store + More is one of Ireland’s largest homeware providers. Having opened their first store in Tallaght in 2004, the Irish owned business has grown to a chain of 22 stores in 16 counties. The company has recently opened two stores in the United Kingdom, in Edinburgh and Glasgow. Home Store + More employs 600 people throughout the group.
The new Home Store + More site is located at Barneys Lane on the N7 Naas Road – Ireland’s premier logistics corridor, between Casement Aerodrome and Baldonnell Business Park, conveniently located for access to the M50, Outer Ring Road, N81 and N4. The location is just 6 km from the M50.
Unit B, Mountpark Baldonnell, will have a gross external floor area of 203,500 sq. ft., commenced construction at the start of November and is already working ahead of schedule. It is expected that it will be completed before mid-August 2019.
An announcement is expected shortly regarding a tenant for Unit A, which was completed recently by Mountpark, Unit A is a 118,887 sq ft purpose-built logistics and warehousing building. It was completed on schedule, in under nine months, by contractors MAC. The Mountpark development was built on a speculative basis by Mountpark, so confident were they that the location and quality of development would be a magnet for potential tenants. To date, over 740 people have been employed in building the state-of-the-art development. The development has been subject to €2.3m in development charges to South Dublin County Council.
Home Store + More Chief Financial Officer Tristan Geoghegan
“The new state of the art logistics unit will become Home Store + More Distribution Centre giving us the control and flexibility to manage the storage and distribution of all our products. We believe the DC is an integral part of the order fulfilment process making it more efficient ensuring our products are in the right place at the right time. The DC will be designed for fast intake and distribution of products on JIT basis and will enable us to manage all storage and distribution under the one roof, creating job opportunities internal and external. This project will support our expansion plans and is part of our long term strategic plan, building on excellence, making sure we can deliver for our Customers. We are delighted to be the first tenant in this excellent development.”
Mountpark Logistics Managing Director Philip O’Callaghan
“We are delighted to announce that Home Store + More will be the first tenant of the Mountpark Baldonnell development. In a relatively short space of time, Home Store + More have become an iconic Irish brand. They are growing in the Ireland and the UK and we are delighted that Baldonnell will be part of that growth story.
“The new Home Store + More warehouse has been designed with the client in mind. We have designed a building which meets their specific needs, right down to the specification of their forklifts. This kind of approach creates efficiencies and delivers an optimised solution, which will reduce costs and significantly reduce the fit-out time.”
The Mountpark Baldonnell development is marketed by CBRE and Knight Frank.