Devonshire Property Group, part of the portfolio of Devonshire Group businesses, has let its 102,515 sq ft Markham Vale warehouse following the agreement of a new letting to digital and information management specialists, Restore Records Management.
Restore Records Management has agreed to take the unit on a long-term lease. The move is part of a consolidation of properties, as it looks to move into newer, more efficient buildings. Restore expects to be operational at the new site later this Spring.
Andrew Byrne, Property Development Director at Devonshire Property Group, said: “Letting our property at Markham Vale is not only a really positive milestone for the scheme, but a testament to the site’s proposition and the quality of space on offer.
“Alongside Derbyshire County Council and HBD, we’re fully committed to ensuring that the site continues to generate value and quality job opportunities for the surrounding communities. Bringing another strong business in Restore Records Management to the site is part of our work to fulfil that promise.”
Nigel Dews, Managing Director at Restore Records Management, said: “The entire facility, will be able to accommodate a staggering 1.4 million boxes, making it one of the biggest sites in our portfolio. We look forward to taking management of the site in the forthcoming weeks.”
The agents representing The Devonshire Group were Rebecca Schofield at Knight Frank and Stuart Waite, of CPP. Restore were represented by Cameron Frazer of Berrys.
