Global property group Goodman and Scottish Widows Investment Partnership (SWIP) have let a new 22,400-m[sup]2[/sup] distribution centre at Hoddesdon Commercial Park, in Hertfordshire, to Wincanton.
Global property group Goodman and Scottish Widows Investment Partnership (SWIP) have let a new 22,400-m2 distribution centre at Hoddesdon Commercial Park, in Hertfordshire, to Wincanton.
Wincanton has taken a 15-year lease and plans to open the new facility in July to support the company's growth within the foodservice sector. It replaces the company’s regional foodservice operations currently based at Luton and Dunstable and will provide significantly increased capacity to serve Wincanton’s growing network of customers across the region, in addition to enhanced staff facilities and environmental benefits.
Goodman and SWIP formed a 50/50 joint venture in 2006 to fund and develop 83,000 m2 of space at Hoddesdon Commercial Park.
CBRE and Paul Wallis Commercial acted for Goodman, Wincanton's internal property function negotiated on its behalf.
