The joint venture between DB Symmetry and Pochin’s expects to compete for 300,000 sq ft-plus requirements after signing an option agreement for a further 69 acres next to its flagship logistics park MA6NITUDE.
The land is currently in private ownership, and is already allocated as employment space. It lies immediately to the east of the existing site. Ecologists have been instructed to undertake surveys ahead of a planning application being submitted this year.
Daniel Burn, director at MA6NITUDE, said: “This agreement will allow us to readily respond to requirements of over 300,000 sq ft, which are becoming more prevalent due to the continued growth in e-commerce.