Parcel service operator DPD has taken a 47,888 sq ft new build distribution unit at Orbital, in Dartford, Kent on a ten-year lease from M&G Real Estate.
Tim Harding of Colliers International, one of the joint agents representing M&G Real Estate said: “The demand we are seeing for greater adoption of online commerce is expected to remain strong, and as consumer expectation for speedy deliveries continues to rise, it has never been more important for last mile logistics operators, like DPD, to secure prime locations where they can quickly and efficiently deliver to the end consumer.”
Glenny was joint agent with Colliers International while SBH represented DPD in the transaction.