Panattoni has let a 440,167 sq ft spec-built unit at Panattoni Park Sittingbourne to ID Logistics Group.
The international contract logistics group intends to move into unit S440 early next year. Panattoni Park Sittingbourne is located approximately four miles from Junction 5 of the M2 between London and the Port of Dover.
Following completion of the letting to ID Logistics Group, there is just one 205,000 sq ft speculatively-built unit left to let at the park.
Alex Mitchell, associate development director: South East and London at Panattoni, said: “It is great for us to secure such a significant letting this year. Securing ID Logistics at Panattoni Park Sittingbourne is a major endorsement of the park’s scale, specification, and location. In a South East market where large, high quality space is increasingly hard to find, this letting demonstrates the depth of occupier demand for immediate, future ready capacity along the M2 corridor.
“S440 has been designed to support the operational intensity and resilience that global logistics groups now require, combining exceptional internal height, yard provision and power with a net zero carbon development approach. Sittingbourne offers outstanding connectivity to London, the national motorway network and key port gateways, making it an ideal platform for the next phase of ID Logistics growth in the UK.”
