Mountpark Leases 346,153 SQ FT to Royal Mail at Warrington.20th July 2018
The facility is one of four units, totalling 757,555 sq ft, which Mountpark is building speculatively at its Warrington Omega development. Construction on the Royal Mail building is already underway and on schedule to complete in October this year.
“We decided to build speculatively at Mountpark Warrington Omega because the site’s accessibility and connectivity make it one of the best logistics locations in the North West.” said Tom Kilmister, Development Director, Mountpark UK and Ireland. “We are delighted that this new building suits Royal Mail’s requirements. We are working closely with the team during the final stages of construction and we look forward to welcoming them as our first occupiers on the scheme.”
Mountpark Warrington Omega is part of the Omega mixed-use development at Junction 8 of the M62, midway between Liverpool and Manchester. Existing Omega occupiers include: The Hut Group, ASDA, Amazon and Hermes Parcelnet.
Simon Barker, UK Process Operations Director Royal Mail said: “The North West is a key area for our UK parcels operation. The new site will enable us to meet the growing demand for next day delivery of online shopping. We want to be in the best position to respond to the anticipated continued growth in the UK parcels, and to continue to improve working conditions for our people.”
Omega Warrington Ltd and Homes England are the development partners at Mountpark Warrington Omega. CBRE and JLL are the letting agents.
Since its formation in 2014, Mountpark Logistics has acquired 16 sites with the potential to deliver over 20 million sq ft of logistics accommodation. The company is currently on site with a speculative development programme of around 2 million sq ft in the UK and Ireland.
About Mountpark Logistics
Mountpark Logistics EU Sarl is a Joint Venture between USAA Realco-Europe Holdco, BV, the Dutch subsidiary of USAA Real Estate and Mountpark Finco Sarl (Mountpark). The Venture has been established to develop logistics facilities across Europe, with particular focus on the UK and Western and Central European markets.
For more information please contact Caroline Melvin on 0117 946 6654 or 07739 456336, email: email@example.com