Royal Mail and JAS Forwarding have signed leases at Heathrow Logistics Park.
Royal Mail agreed to a five-year lease of Unit 3, a 91,349 sq ft warehouse at the premier distribution location on Bedfont Road, near Heathrow Cargo Terminal and is expected to be operational before Christmas 2020.
International freight forwarding and logistics provider JAS Forwarding, has taken a 15-year lease on Unit 1, a 109,000 sq ft warehouse. The new facility will double the company’s capacity at London Heathrow.
Heathrow Logistics Park is a joint venture development between BlackRock and Graftongate and is located just 2.5 miles from Heathrow Airport Cargo Terminal. Occupiers include Airbase GSE and James Cargo Services.
Colin Beasley, Director at Graftongate, said: “This scheme offers high specification industrial and logistics facilities with good sized yards, which has attracted occupier interest. With Heathrow Logistics Park fully let, we’re keen to find new opportunities for development.”
BlackRock was represented by the scheme’s retained agents, Altus Group, DTRE and JLL. Arnold Cronin represented JAS Forwarding.