McKay Securities commences 134,000sq ft Reading spec development

Specialist South East logistics developer McKay Securities has started construction work on a 134,4000 sq ft speculative warehouse in Reading.

Readie Construction as contractor to develop Theale Logistics Park in Reading. Completion of the warehouse close to junction 12 of the M4 motorway is expected in December 2019.

The location is already an established logistics hub with local occupiers including Amazon, Bunzl, Direct Wines, Ikea and John Lewis.

 “The Theale site is well placed to benefit from the ongoing low levels of supply of quality mid-size distribution space in the Thames Valley alongside the continued growth of e-commerce supporting the logistics sector,” Simon Perkins, Chief Executive of McKay said.