Prologis UK, a leading investor, owner and developer of logistics property, is pleased to announce that ID Logistics, a leading international contract logistics group, has leased the state-of-the-art DC7 facility at Prologis Grange Park in Northampton. ID Logistics is already a key partner to Prologis, with close to 3 million sq ft leased in Europe (UK, France, Spain, Belgium and the Netherlands) and South America (Brazil). This strategic move marks a significant milestone for both companies and underscores Prologis' commitment to facilitating seamless market entry for global logistics players.
ID Logistics' decision to establish its UK operations at Grange Park is a testament to the prime location and quality of Prologis' facilities. DC7, a second generation 342,622 sq ft distribution centre including an additional 389,319 sq ft mezzanine develops a total of 731,941 sq ft for ID Logistics’ operations. Leased by ID Logistics for 10 years, DC7 is equipped with the latest technology and sustainable features designed to optimize logistics efficiency and environmental performance. The facility’s strategic location, in the heart of the Midlands’ “Golden Triangle” for logistics operators, provides excellent connectivity to major transport networks, ensuring efficient distribution across the UK.
"We are thrilled to welcome ID Logistics to the Prologis family and support their expansion in the UK market," said Paul Weston, Regional Head of Prologis UK. "DC7 at Grange Park in Northampton offers an ideal location and infrastructure to meet the evolving needs of modern logistics operations. We are delighted to partner with ID Logistics as they expand in the UK market and contribute to the dynamic logistics landscape here."
Stuart Evans, Managing Director of ID Logistics UK, commented on the partnership: "This transaction in the UK is a significant step for ID Logistics. We are excited to begin operations at Grange Park - the DC7 facility perfectly aligns with our operational requirements and sustainability goals. We look forward to leveraging this strategic location to enhance our service offerings and deliver exceptional value to our clients."
This lease agreement highlights the continued demand for high-quality logistics facilities in strategic locations and reinforces Prologis' role as a trusted partner for global logistics companies. The agreement incorporated key items of internal fitout for ID Logistics including racking and LED lighting, ensuring ID Logistics are able to quickly commence their operations.
