Logicor, a leading European owner and developer of logistics real estate, has signed a new 10-year lease with Panther Logistics at Keypoint 224 in Swindon.
Panther Logistics, part of AIT Worldwide Logistics, is a two-person home delivery specialist provider, known for its dedicated, premium, next-day services. Due to their growing business, they required additional, high-quality warehouse space, with the right transport links, to support their increasing fulfilment operations.
Located on Thornhill Road in South Marston, Swindon, Keypoint 224 comprises 224,465 sq ft of high-quality distribution/logistics space and is just four miles north of Junction 15 of the M4, providing excellent access to the national road network.
Existing businesses located in the area include Aldi, Iceland, B&Q, Amazon, Sainsbury’s, Dunelm and Pets at Homes.
Gary McKelvey, Vice President, Global Home Delivery Operations at AIT Worldwide Logistics, said: “It was a natural choice for us to work with Logicor, who helped us to find the right space as we continue to expand our product portfolio to serve the growing needs of our customers. We focus on delivering the ultimate last mile delivery experience to our customers and are grateful that the Logicor team has listened to our needs and supported us as our business has grown and evolved.”
Jack Garrett, Director Asset Management, Logicor says: “Panther Logistics joined us as a customer in 2014, taking one of our smaller multi-let industrial units at Crick Road Rugby. As their business grew, they expanded into our site at Axis 62 (215,000 sq ft) in Normanton and, by working closely with the team, we are delighted to have been able to support their business and space growth yet again by providing high-quality warehouse space to meet their needs at Keypoint 224 Swindon.”
BNP Paribas Real Estate, Whitmarsh Lockhart and Savills are retained as letting agents for Keypoint Swindon. Knight Frank acted for Panther Logistics.