Gazeley acquires 21 acre site
Magnitude 312 is located at Magna Park, Milton Keynes and Gazeley intends to use the space to develop a 312,700 sq ft unit.
The high-specification distribution and logistics space includes over 195 HGV parking spaces, 343 double dock levellers and 4 level access doors. The building has a 19m clear height allowing for four potential mezzanine levels.
Located between J13 and J14 of the M1, it is anticipated the development will be 50% solar PV ready, and hold an ‘A’ EPC rating along with a BREAAM Excellent certificate.
Joe Garwood, development director, Gazeley, said: “Across the UK, we continue to see high demand for logistics space. However, customers are increasingly requiring higher specification buildings and leading sustainability credentials. With Magnitude 312, we have focused on delivering flexible space that allows our customers to tailor to requirements while ensuring that it has all the sustainability features that modern supply chains require.”
The site is located within Gazeley’s Magna Park, Milton Keynes distribution and logistics park, which is already home to John Lewis, Waitrose, River Island, A.G. Barr and UK Mail.
