Yusen Logistics UK has become the first customer to lease a building at SEGRO Logistics Park Northampton, after signing almost 1.2 million sq ft of highly sustainable warehouse space at the state-of-the-art, multi-modal development. The building will be Yusen’s largest facility globally and is understood to be the biggest warehouse in the Midlands.
Yusen Logistics – a global supply chain logistics company – is an existing customer at SEGRO’s Grange Park estate in Northampton. The lease, which is subject to detailed planning consent, is for Yusen Logistics to occupy a 1,191,000 sq ft unit at the 600-acre industrial and logistics park, which benefits from a 35-acre Strategic Rail Freight Interchange, and which will enable the company to provide its customers with rail freight distribution solutions and support them in reducing their carbon emissions.
The unit will be developed to high sustainability standards, targeting a ‘BREEAM Excellent’ rating. Features include an array of PV panels and 220 EV charging units will also be available onsite to power Yusen Logistics UK’s all electric company car fleet.
The unit is expected to be fully operational by summer 2025. Meanwhile, the construction of the rail freight terminal has been completed and Network Rail is scheduled to undertake the signalling work to connect the terminal to the rail network by Autumn 2024.
David Goldsborough, Managing Director at Yusen Logistics UK, said: “This Yusen Logistics UK facility, in partnership with SEGRO, sets a new logistics industry benchmark and further emphasises our commitment to providing sustainable logistics services by 2050.
“We are both proud and excited to be a part of this exciting project and look forward to achieving our sustainability goals.”
Dan Holford, Head of National Markets at SEGRO, said: “We’ve been working hard to create the infrastructure and develop this site in preparation for the first warehouses. It is testament to our strong customer relationship that Yusen Logistics UK has chosen to grow with us and become a strategic occupier at SEGRO Logistics Park Northampton.
“SEGRO Logistics Park Northampton not only represents a critical piece of our national industrial infrastructure for storing and transporting goods, it is enabling employment and economic growth and doing so with sustainability at its heart. We’re particularly pleased that rail freight terminal is proving to be an important factor in the decision to locate at this development.”
SEGRO Logistics Park Northampton will deliver up to 5 million sq ft of modern distribution space.
