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Verdion Secures another 215,800 sq ft (20,055 sq m) Pre-let at its £500 million iPort Development

01. 09. 2016

 

Verdion has announced a further new letting at iPort, at its £500 million multi-modal logistics development in Doncaster, South Yorkshire.

One of the world’s leading supply chain management companies has taken a 215,800 sq ft (20,055 sq m) unit in Phase One of the 6 million sq ft (570,000 sq m) scheme, to service its contract with one of the world’s top sports brands.  Construction work has now started on the 205,800 (19,126 sq m) warehouse and 10,000 sq ft (929 sq m) of office space. Completion is scheduled for February 2016.

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Michael Hughes, CEO of Verdion, comments: “This deal follows swiftly on the heels of the double, 1.315 million sq ft letting to a global retailer. iPort is continuing to attract high-profile occupiers with great covenants and we have strong interest in the rest of the scheme.”

iPort is a Strategic Rail Freight Interchange (SRFI) which will deliver over 6 million sq ft (570,000 sq m) of Grade A logistics warehousing linked with a high specification rail freight intermodal container facility providing rail freight services with continental gauge clearance to all major UK ports and the Channel Tunnel. The scheme offers design and build warehouse/logistics units from 50,000 (4,645 sq m) to 1.2 million sq ft (111,480 sq m).

Verdion is developing iPort on a 337 acre (136 hectare) site in Rossington, Doncaster. The site is linked with Junction 3 of the M18 via the Great Yorkshire Way which opened in February 2016.

Gent Visick, CBRE and Cushman & Wakefield are letting agents for iPort.

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