One of a handful of big box London warehouses under construction has now been launched to the market.
Logicor’s 233,000 sq ft unit LOGIC233 @Dagenham is said to be the largest available within the M25 motorway. Building work will be complete in May 2019.
The warehouse is on the A13 corridor next to the former Barking Power Station. The power station site was recently acquired by the City of London Corporation, which is being considered as a potential for consolidation of three wholesale food markets, bringing further investment to the area.
Joint agents are DTRE, JLL and Savills as joint letting agents.
The warehouse has 12m clear internal height, lighting throughout, existing capacity for 6,840 pallets and a total potential racking capacity of 24,300-32,400 pallets.
Yard depth is 50m with 20 dock levellers, 3 level access doors and 49 5GV/trailer parking spaces, with 144 car parking spaces.
The Barking market plans add to momentum in an area which is already of keen interest to developers and potential occupiers.
An 86-acre East London site close to the Port of Tilbury is being prepared by Segro. The East Plus site is a series of industrial locations spanning Newham, Barking & Dagenham and Havering on both sides of the A13 corridor – a key route giving fantastic access to both central London and the Port of Tilbury.
Plans have also been submitted to transform the former Coryton Oil Refinery at Thurrock into a new logistics superhub, providing 5 million square ft of commercial development in the Thames Estuary.
A joint venture between Greenergy and iSec is behind the plan for a multi-modal site is located adjacent to London Gateway Port, a rail freight interchange and first class road links to London.
The largest part of the site is to be a dedicated Food Hub bringing together – for the first time – processing, packaging, storage and distribution with units of up to 1 million sq ft.