Commercial property

DHL is first tenant at Swindon warehouse facility

Written by Peter Davison.

Under construction  Ignition SwindonParcel operator DHL has signed a lease on a new 85,000 sq ft warehouse facility in Swindon.

DHL is the first tenant of the new Ignition development being built at Faraday Park by commercial property developer Canmoor.

DHL, which is significantly expanding its operational base in the town, is to significantly expand its operational base in Swindon and has signed a pre-let agreement to lease on Unit 6 Ignition, Faraday Park, Swindon.

Unit 6 forms the largest single warehouse facility available on Canmoor’s Phase One at Ignition. It is expected to be completed by July.

Casey Ferguson of Canmoor said: “Securing DHL on the largest of the Phase One units is a strong indictment of our view that the market in Swindon was in need of some new prime warehousing stock.

"We can also report strong interest in a number of the other Phase One units.”

Paul Whitmarsh of Whitmarsh Lockhart said: “DHL has been looking to secure a larger warehousing facility for their parcel delivery operation for some time.

"It is only with the arrival of the new development that we have been able to provide a unit of a specification that is suitable.

"There remains a shortage of good quality warehousing in our marketplace and Swindon continues to perform well in the warehousing sector.”

The remaining units in Phase One of Ignition will be available for occupation from July 2019 and Phase Two can provide pre-lets of up to 195,000 sq ft.

Joint agents on the scheme are Giles Weir and Ed Cole of Jones Lang LaSalle and Paul Whitmarsh of Whitmarsh Lockhart.