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Luton logistics site to be built

Luton logistics site to be built

A 410,000 sq ft Luton logistics scheme is to be built following investment by AXA Investment Managers.

The deal with Baytree Logistics Properties means the M1 motorway site will be developed for two units, the larger of which will be 356,000 sq ft.

Preparation of the site will begin imminently and the larger unit can be available for occupation in the first quarter of 2017.

The site is close to the new junction 11a of the M1, and is one of a handful of prime M1 corridor logistics schemes.

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