Logistics real estate investor swoops for huge warehouse

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Logistics real estate giant Logicor has snapped up a 951,000 sq ft logistics warehouse on a 38.5 acre site in Daventry.

The 951,000 sq ft property, bought from a joint venture company managed and co-owned by Oxenwood Real Estate, benefits from good access to the M1.

The building is leased to XPO Logistics who use the warehouse to provide national distribution services for a leading global e-commerce company.

Charlie Howard, managing firector – UK, Logicor, said: “We are very pleased to add this prime big-box property to the Logicor UK portfolio. Customer demand for well-located logistics assets across the UK continues to remain extremely high. This acquisition expands our logistics offering within the UK’s “Golden Triangle” with a strategically important customer and ensures the continued growth of

 link source - The Business Desk

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