The deal with developer Prologis will see Dwell sign up for a warehouse build on the newly-enlarged Marston Gate site. The property already has planning permission and construction work in due for completion in spring 2017.
Marcin Twardysko, Head of Distribution at Dwell, said: “The building will serve as the national distribution centre for Dwell. Marston Gate is in an ideal location for our logistics network, and the unit has the flexibility to accommodate Dwell’s continuing growth. We are delighted to have secured it.”
Prologis Park Marston Gate is located to the south east of Milton Keynes next to Junction 13 of the M1. Lambert Smith Hampton and Burbage Realty acted for Prologis. Dwell was represented by Savills.