K+N to lease space at SEGRO Logistics Park East Midlands Gateway

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Kuehne + Nagel has agreed a 15-year lease on almost 200,000 square feet of space at the SEGRO Logistics Park East Midlands Gateway.

The facility, which is estimated to be completed in March 2019, will be developed on the East Midlands gateway scheme adjacent to the south side of East Midlands Airport, just off the A453 between junctions 23A and 24 of the M1.

The Lenton Lane and Riverside operations will be relocated and will also merge the Overland activities hosted at Kuehne + Nagel’s Midpoint Park, Minworth site, into a development including a 40,000 square foot temperature controlled area to accommodate growth within the pharmaceutical sector.

Kuehne + Nagel UK overland director, Jim Hedderwick says: “We are delighted to have secured a site on the East Midlands Gateway Park which is ideally located for our expanding Overland operations.

“The new facility will enable us to continue to develop our market-leading European groupage product and will be designed to include a 40,000 square foot temperature-controlled area to accelerate our ambitious growth plans within the Pharmaceutical sector.”

SEGRO chief operating officer, Andy Gulliford adds: “Securing major international customers, who are committed to establishing such significant operations on site represents an enormous vote of confidence for the scheme, the East Midlands region, and the UK.

“We are entering a new era of e-commerce as a mainstay of the UK economy. The supply of big box warehousing, which provides uncompromising scale, location and connectivity, is fundamental in sustaining its growth.”