A new landmark lease agreement between logistics network Pall-Ex and commercial property developer and investor Barberry will result in the construction of a state-of-the-art freight distribution hub in Leicestershire.
Pall-Ex’s new Centre of Excellence – the largest build to suit pre-let deal in the UK this year – will cover 408,000 sq ft, with an additional 100,000 sq ft canopy, on a 35-acre site.
The £80 million facility will serve as the flagship logistics hub for the network and will house Pall-Ex’s UK and European headquarters.
Scheduled to begin construction later this year, the Centre of Excellence has been designed with sustainability and innovation at its core. It will be aiming for EPC A+ and BREEAM Excellent accreditation.
To achieve the highest rating of EPC A+, the new hub incorporates a variety of energy-efficient and eco-friendly features, including electric vehicle charging stations, solar panels and designated green spaces. Once complete, it will be the first purpose-built facility in the pallet network sector in the UK to be energy self-sufficient.
Barberry this week lodged a planning application at Hinckley and Bosworth District Council for the development on land at Bardon, Leicestershire. The proposals show it is expected to create around 500 construction jobs and an estimated 534 permanent jobs. Work is scheduled to start on site in Q4 this year, subject to planning.
Jonathan Robinson, Barberry development director, said: “We are thrilled to announce that we have secured a pre-let agreement with Pall-Ex to deliver the company’s new national centre of excellence in Leicestershire – the largest build-to-suit pre-let in the UK this year.
“Working closely with Pall-Ex we plan to create a new national palletised freight distribution center that will deliver new ESG credentials, carbon net zero in occupation, staff welfare recreation zone incorporating football pitch, basketball court, club house helping attract and retain staff while providing Pall-Ex with the operational excellence that will make the business stand out amongst its UK competitors.
“After agreeing a long-term lease with the company, we have now submitted a planning application to Hinckley and Bosworth District Council for a 408,000 sq ft warehouse at Bardon, located just a couple of miles from junction 22 of the M1, providing access to the national motorway network.”
Kevin Buchanan, Pall-Ex Group chief executive officer, views the construction of the new HQ as a pivotal stage of the company’s strategy to revolutionise the way the network operates in terms of sustainability and operational excellence.
He said: “Our new, multi-million-pound, cutting-edge Centre of Excellence isn’t just about expansion and growth – it’s about redefining the industry through technology, quality, and state-of-the-art infrastructure. As a market leader, we are immensely proud to unveil plans for premises that will be A+ rated, carbon-neutral, and built for the future.
“This investment signals a massive opportunity for our stakeholders, reinforcing Pall-Ex’s position at the forefront of operational excellence. We are once again leading the way and shaping the future of palletised freight distribution through innovation, technology and sustainability.”
