Logistics giant DHL has completed a deal to let a 100,000 sq. ft. unit with a substantial yard on South Tyneside to increase its capacity in the borough.
Naylors Gavin Black secured the letting on Simonside Industrial Estate, on behalf of landlord Kans and Kandy which has invested over £8m in substantially upgrading the property including installing sustainability features.
DHL Supply Chain will move from a circa 70,000 sq. ft. space split across two units in Hebburn to the larger property, formerly occupied by Biffa, to allow for expansion and fulfil current contracts.
Naylors carried out a strategic marketing campaign and identified DHL, amongst others, as a target potential tenant for the unit. HTA are joint agents and interest in the property was high.
Keith Stewart, partner at Naylors Gavin Black, said: “This is the latest in an impressive run we have had in delivering large scale lettings in the region to corporate businesses across a number of sites we are instructed on, including Connect at Integra in Durham, IAMP and Hillthorn Business Park, Sunderland, Team Valley, Gateshead and North Tyneside.
“Our client, Kans and Kandy have done an excellent job maximising the potential and standard of this property and DHL will benefit from a fantastic facility that will improve operations and better meet their ESG goals.”
Peter Razaq, co-founder and chairman at Kans and Kandy, comments: “We are delighted to have secured DHL as part of our property portfolio. We have worked closely with our project team to provide additional works and look forward to seeing operations commence from the property shortly, following completion of DHL’s fitout.”
Newcastle-based Naylors Gavin Black is a member of the Commercial Property Network – a collective of privately owned commercial property firms which span the UK – giving the firm a presence in every UK region.
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