Tritax Big Box REIT seals 391,000 sq ft deal at Rugby logistics scheme

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Tritax Big Box REIT has let a 391,000 sq ft logistics facility at Symmetry Park Rugby to an unnamed data management company.

The company has signed a 15-year lease on Unit 5 with open market rent reviews every five years. 

Tritax said the rental level for the BREEAM Excellent and EPC A+ rated unit had set a new high for the scheme.

Jonathan Wallis, director at Tritax Big Box Developments, said: “Symmetry Park Rugby continues to be incredibly successful for Tritax Big Box, supplying best-in-class buildings and attracting strong clients into the portfolio. The latest letting underlines our insight-driven approach to development, delivering modern, high-quality buildings matched to occupier needs. 

“We are seeing strong occupational interest in the remaining two units at Rugby, further demonstrating the quality of the location and the buildings themselves.”

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