Gazeley acquires 25-acre UK redevelopment site

Gazeley acquires 25-acre UK redevelopment site

Gazeley has acquired a 25-acre site near Bedford, to meet the evolving needs from its logistics, distribution and ecommerce customers in the UK. Gazeley is speculatively developing three new warehouses totalling 534,000ft² at the site, in partnership with L&Q Estates. The new development, which is to be named G-Park Bedford Wixams, will comprise three new logistics warehouse units comprising 249,000ft², 125,000ft² and 160,000ft² respectively. G-Park Bedford Wixams is expected to be completed in Q3 2020 and will be suitable for leading e-commerce, logistics and distribution companies.

 

G-Park Bedford Wixams will benefit from best-in-class specifications including wide service yards, 15m clear internal height, a minimum of 15 dock levellers and 2 level access doors together with generous car and HGV parking and an array of energy-saving features. In addition, the new units will each feature the enhanced Gazeley ‘standard’ specification 2020 which includes an ultra-modern treatment to the design of the office elevations together with a range of market-leading enhancements. Amongst the new innovations includes a new feature reception, the use of natural materials and finishes throughout, together with cutting-edge technology which will allow building users to actively manage their energy usage and provide real-time information on building/operational utilisation.

 

The site is situated in a prime location for logistics, three miles to the south of Bedford and a few minutes’ drive from the A421 offering potential occupiers’ excellent connectivity, with easy access to both the motorway and trunk road network.

 

Adrienne Howells, Development Director, Gazeley, said: "This acquisition and intention to develop speculatively further underlines and strengthens our position in the UK as we continue to expand our land-bank and development platform responding to the compelling demand for logistics and distribution space. As the unprecedented growth of e-commerce continues to drive warehouse demand, Gazeley is well-positioned to support these growth trends by offering both space and technology-led solutions to drive value for its customers.”

 

Gregg Wilkinson, group managing director at Warwick-based L&Q Estates, said: “The Wixams area is the largest single development in Bedfordshire and we believe this new scheme will be a great opportunity for new employers to become part of the town and its community."

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