CONGLOM has acquired a 41,786 square foot warehouse at Prologis Park, Pineham, and is the first sale from leading developer Seven Capital’s debut into the industrial development market.
Conglom’s requirements included the need to expand its full-service, worldwide operation that has the flexibility to supply big-box retailers, dollar stores, small independents and everyone in between.
Chris Castle at Conglom, said: “We required a Grade A distribution in a location which will enable us to support our customers going forward. Our new Northampton warehouse will give us the opportunity to do this.”
With a 50m service yard and floor loading capacity of 50kN/square metre, along with fully fitted, modern offices, the unit will provide a dynamic and efficient space for the global manufacturer and distributor to run its UK operation.
Simon Dicken, director at SevenCapital, said: “We’re pleased to have secured such a prestigious client so quickly after completion of our first industrial unit. Its high specification and unrivalled position close to the M1 on the UK map of logistics provide all the ingredients for a major distributor such as Conglom to run their business securely and efficiently.”
A further high specification warehouse of 63,484 square feet (Seven 60) is complete and available adjacent to Conglom’s new base. The well-located building provides great access to the M1 motorway at J15a and is immediately available on a leasehold or freehold basis.
For more information contact joint agents Burbage Realty on 01604 232555 or MWRE on 0121 285 9470.