To sign up for Analytiqa's free weekly newsletter, please enter your details below.
Analytiqa will not share this information with third parties.
Consolidation hub for a major new customer contract
Panattoni has secured a tenant, NWF Group plc, for its 22,085 m2 speculatively built warehouse at Crewe Commercial Park, UK. NWF Group, a specialist distributor of fuel, food and animal feed across the UK, have exchanged contracts to lease the new warehouse for a 12-year term with Boughey Distribution Ltd, a wholly-owned subsidiary of NWF Group company, operating the facility.
Boughey Distribution will provide a new consolidation hub for a major new customer contract.
This is a significant property deal for the North West, UK market and underpins the resilience in demand for well-located, speculatively built warehousing.
The high bay, high specification unit provides a strategically located distribution facility for the expansion of NWF’s Boughey business, with the proximity to the M6 and NWF’s existing main warehousing hub at Wardle being a key driver to its decision-making process.