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Marks and Spencer invests in food logistics operations 21 May 2020

Signs 10-year lease on Milton Keynes facility

Logicor has let MK360 to Marks and Spencer plc following the comprehensive refurbishment of the Grade A 33,465 m2 distribution unit. MK360 is a high-quality warehouse, strategically located in Milton Keynes, benefiting from 12m clear eaves height and a 55m deep yard. Marks and Spencer plc has signed a 10-year lease on the warehouse which will serve its M&S Food division.

Anthony McCluskie, Director of Asset Management at Logicor, comments: “We have been working closely with Marks and Spencer and their agent Lambert Smith Hampton for a number of months and are thrilled to have concluded this letting together.

Marks and Spencer is a new customer to Logicor’s portfolio. The two companies had been working together for several months to identify a suitable facility.