Graftongate and BlackRock have fully let Leicester Distribution Park (LEDP), located off the A47, near Leicester city centre, after completing a deal for the last available unit, a 15,000 sq ft distribution and logistics space.
The joint venture partners carried out three phases of development at LEDP during a six-year period, creating eight Grade A logistics units totalling 715,000 sq ft.
The first phase was pre-let, with the remaining seven units speculatively built and all let within six to nine months of completion to occupiers including Blanson, CCL Components, Piping Rock, Samworth Brothers, Power Towers, Company Shop Group and Leicester Tissue Company
The last available logistics space, Unit 2, was developed as part of the final phase of the 44-acre scheme and was recently let to a global transportation services provider on a 10-year lease.
Colin Beasley, director at Graftongate, said: “This is an excellent letting and completes a very strong occupier line up at LEDP. We are extremely proud to have worked in partnership with BlackRock to build one of the highest quality distribution and logistics locations in the East Midlands.
“Demand at LEDP has been consistently high, even before its practical completion, which is testament to the strength of the regional market and the scheme’s superb connectivity at the heart of the UK’s distribution network.”
M1, CBRE and Innes England acted for Graftongate and BlackRock.
