Logistics Giant Takes Space at New Leeds Development
January 14, 2020
A logistics giant has agreed a deal for more than 50,000 sq ft of space at a new industrial development currently under construction just outside Leeds city centre.
DHL will take about six acres of the extensive new 16-acre industrial development, known as Total Park. The 57,350 sq ft unit will be used as a parcel logistics centre.
DHL will take occupation its new building by the summer of 2020.Detailed planning permission for five further industrial and warehouse units, ranging in size from 9,200 sq ft up to 58,000 sq ft, has also been secured and work on these units is currently underway.
Total Park sits to the east of Leeds in the Aire Valley in a prominent location on Pontefract Lane and is the first major scheme in Yorkshire for Total Developments, which acquired the site in 2018.
Ed Chantler, chief executive of Total Developments, said: “We are very excited about this site and what it will offer both national and local occupiers. Alongside the successful letting to DHL, we already have strong occupier interest both on a freehold and leasehold basis across the site, which we hope will increase, as the steel frames go up early this year.”
The remaining units are being marketed jointly by property consultancy Gent Visick and M1 Agency.
Daniel Walker, from Gent Visick, added: “After overseeing the site’s prompt sale last year, we knew that there would be a high level of interest in these bespoke units that benefit from such a sought-after location. With excellent access to Leeds city centre, which is just two miles away, and with Junction 45 of the M1 motorway being just one mile away, it’s an ideal location and these highly specified units will meet the requirements of almost any modern occupier.”