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Salford unit taken by Peloton

Peloton, the home fitness business that enjoyed a vogue during lockdown, is to take a 39,000 sq ft Salford warehouse to boost its bike distribution in the north of England.

Peloton has agreed 10-year leases at Raven Locks, Salford, in a deal with landlord Mileway.

The scheme, completed in April, is close to Junctions 3 and 4 of the M61 and with easy access to the city centre and wider North West.

Robert Kos, Industrial and Logistics Director at JLL, and advisor on the deal, said: “Raven Locks offers excellent Grade A space, bolstered by the local amenities and motorway access. The scheme has been very successful to date which is reflective of the current market with limited Grade A space and a strong level of demand.”

JLL and DTRE acted for landlord Mileway and CBRE acted for Peloton.

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