Oakland International has signed for 161,860 sq ft of space at Henderson Park and Cole Waterhouse’s Konect62 multi-modal industrial and logistics scheme in Knottingley, West Yorkshire.
The supply chain and logistics specialist has agreed a 15-year lease at the scheme, which is being delivered on a 136-acre site.
The first phase of Konect62 has been speculatively built to provide 375,000 sq ft of prime logistics and industrial space alongside an additional 30-acre serviced plot, on the site of the former Kellingley Colliery.
Two more units comprising 151,000 sq ft and 61,000 sq ft are available to let immediately as part of phase one. A further 735,000 sq ft unit, known as ‘Big K’, could be ready to occupy in as little as 40 weeks. Planning for phase two, which will bring forward a further 802,000 sq ft of logistics and manufacturing space across units ranging from 4,000 sq ft to 375,000 sq ft, is due for determination imminently.
Shaun Foley, CEO of Oakland’s contract logistics division, said: “Needing more space due to increasing customer demand, and having investigated several sites, Konect 62 at Knottingley was identified as the ideal location to support our client base and further increasing our geographical footprint in the UK market.”
Christophe Kuhbier, head of investments, Europe, at Henderson Park, added: “The scale and quality of our debut letting at Konect62 is testament to the site’s strategic location, which is optimally placed to deliver much needed capacity into the Yorkshire market, as well as the facility’s high sustainability and technical specifications, which meet the requirements of the most sophisticated logistics operators. We are confident that the wider scheme will appeal to a range of occupiers for the same reasons, with the benefit of being able to offer flexible units of varying sizes.”
David Nuttall, managing director of industrial and logistics at Cole Waterhouse, said: “We’re thrilled to welcome Oakland International as the first business to commit long-term to Konect62. Konect62 is now up and running following our multi-million-pound commitment to transform the former coal mine into a first-class place to do business in Yorkshire. The site has massively evolved already, and we have only just started. With the first occupier now in place the momentum will only continue to grow as we bring forward future phases to deliver up to 1.9m sq ft.”
Savills, DTRE and Sixteen Real Estate are joint letting agents for Konect62. Oakland was represented by Clews and Co.
