September 14, 2022 | Lucy Bull
Logicor, a leading owner and manager of logistics real estate in Europe, has secured a new 10-year lease with B&Q, the UK’s leading home improvement retailer, to stay at its 800,000 sq ft Redhouse Distribution Centre in Doncaster.
Located on Interchange, Rockingham Way, adjacent to the A1(M), Redhouse is one of B&Q’s largest distribution centres employing over 700 employees.
The new lease will start at the end of B&Q’s existing lease in December 2023. The retailer is committed to continue occupying the property until the end of 2033, with no breaks.
Demonstrating its commitment to the area, B&Q has significantly invested in the site over recent years, including extensive landscaping to provide areas for employees to enjoy outside and improving biodiversity. Committed to reducing its carbon footprint, initiatives have included the installation of solar panelling on the roof and LED lighting throughout to reach an EPC rating of an A.
Tom Blakely
Logicor’s Director, Asset Management
Peter Daniel
B&Q’s Property Management Surveyor