Prologis acquires four urban logistics sites
THE DEVELOPER has bought sites in Erith, Croydon, Park Royal and Watford.

Totalling over 330,000 sq. ft. on 20.4 acres, the distribution centres in Erith and Croydon are let to Ocado and Royal Mail respectively and form key parts of their distribution networks, being two of the largest low density last mile logistic facilities inside the M25.
The assets are on Church Manorway, Erith and Beddington Farm Road, Croydon.
Comprising more than 360,000 sq. ft. of prime last-mile logistics space, on a total of 17 acres, the Park Royal and Watford estates offer a range of Grade A units and are 100% leased to customers operating in diverse industry sectors including distribution, construction, pharmaceutical and film and television.