PLP has let a speculatively developed 345,000 sq ft warehouse at Stone Business Park in Staffordshire to CIRRO Fulfillment, trading as Super Smart Service.
The global e-commerce fulfilment service provider has signed a 15-year lease on the PLP Stafford warehouse, which offers 20,000 sq ft of offices and has a clear internal height of 18m.
The warehouse has achieved EPC A and BREEAM Excellent ratings, in addition to carbon neutral and carbon net zero status, as per the UK Green Building Council’s net zero buildings framework.
PLP Stafford was acquired in 2022 by PLP’s second investment vehicle (UKLV 2), which is owned by majority investor Ivanhoé Cambridge alongside The Peel Group, Greater Manchester Pension Fund and PLP.
Keith Wilson, development director at PLP, said: “We are delighted to welcome CIRRO Fulfillment to PLP Stafford, a ‘best-in-class’ facility in an exceptionally strong location. Securing such a successful and dynamic occupier on a long-term lease here is a huge endorsement of PLP’s specification, design and ESG credentials.”
Charles Lu, head of business development at CIRRO Fulfillment Europe, added: “We are thrilled to complete the lease with PLP so promptly following the recent opening of a brand new facility in Staffordshire in early July. This state-of-the-art facility is an excellent addition as we gear up for the peak season, enhancing our capabilities to serve our customers better and more sustainably.”
Knight Frank advised PLP and CIRRO Fulfillment was represented by Avison Young.
