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Kettering mega shed spec development
12 July 2023
Developer Tritax Symmetry is to speculatively develop a 500,000 ft2 cross dock logistics facility at its 2.31 million ft2 Symmetry Park, Kettering scheme in the east Midlands.
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By Liza Helps, Property Editor, Logistics Matters
KNOWN AS Kettering 500, the building will be built Net Zero Carbon in Construction and will target a minimum BREEAM Excellent and EPC A rating.
Main contractor Buckingham Group has been appointed to deliver the facility with practical completion scheduled for April 2024.
This facility marks the second unit to be brought forward at Symmetry Park, Kettering. In February 2023 a facility of 312,875 ft2 was completed, pre-let on a 15-year lease to Iron Mountain.
Tritax Symmetry Development Director Jonathan Wallis said: “Our decision to speculatively develop Kettering 500 is a direct response to extensive research into the occupational market which highlighted a supply vs demand imbalance in the 500,000 ft2 size bracket.”
“Symmetry Park, Kettering represents a new era of logistics development, with wellbeing, sustainability and power security playing a fundamental role in the design. It is this customer and employee-based approach that has helped us attract multi-national organisations whose ESG values very much mirror our own and give us the confidence to commit to further speculative development.”
Cushman and Wakefield and BNP Paribas Real Estate are joint agents.
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