SEGRO has let a 24,720 sq ft unit at SEGRO Park Hayes in West London to parcel delivery company HIVED on a 10-year lease.
Following completion of the deal, the development, which is located on the site of the former Nestlé chocolate and coffee factory, is fully let.
Murvah Iqbal, CEO and co-founder of HIVED, said: “HIVED was founded with a commitment to improve the parcel delivery experience by putting end consumers first. Opening our new West London depot is a significant milestone in HIVED’s own growth journey, as it will mean more parcels delivered more efficiently and sustainably to Londoners. This latest expansion is proof that our multi-site logistics model, designed for the e-commerce age, is scalable nationally. The next step for HIVED will be to replicate the same levels of service we provide to retailers and customers across other parts of the UK.
“We chose our new depot site in SEGRO Park Hayes because it is the perfect location for us to meet demand from customers right across London, complementing our established depot site in East London. The site has an abundance of clean electricity, meaning we can make use of fast charging infrastructure to quickly turn around our fleet of HGVs and get them back on the road.”
Gareth Baker, director, Western Corridor at SEGRO, added: “SEGRO Park Hayes is a unique development that integrates living and working space, driving both sustainability and economic growth. It’s great to see the development fully let and our vision for a dynamic, thriving community come to life. To meet HIVED’s power requirements, we are reallocating surplus power from another unit to ensure efficient operation. This is just one example of how we go above and beyond to meet our customers’ needs.”
