Legal & General Property (LGP) has been granted planning permission for a 84,000 m[sup]2[/sup] cross-docked distribution warehouse at its 70-acre former Gefco UK Car Storage site in Corby. The project will be carried out on behalf of LGP's Industrial Property Investment Fund.
Legal & General Property (LGP) has been granted planning permission for a 84,000 m2 cross-docked distribution warehouse at its 70-acre former Gefco UK Car Storage site in Corby. The project will be carried out on behalf of LGP's Industrial Property Investment Fund.
The scheme, known as Cor!!, will comprise a single warehouse unit of 880,754 sq ft, including 40,000 sq ft of office space.
'There are very few competing sites which benefit from the scale, flexibility and connectivity of this site, with the added benefit of having a rail head in situ which connects it to the Port of Felixstowe,' said Jonathan Holland senior fund manager at LGP. 'Now that we have consent, we will be able to take forward discussions with a number of interested parties.'
Burbage Realty, CBRE and King Sturge, have been appointed to market the scheme.
