SEGRO has secured BT Group as the first occupier for its recently completed SEGRO Park Croydon Redhouse Road development.
BT Group has agreed a lease on two facilities totalling more than 13,000 sq ft, which will be occupied by its engineering team alongside the business’s broader operational functions.
The units will be used as “stock locations”, which will enable engineers to order and collect a range of key equipment needed for work in the area.
The park comprises seven BREEAM Excellent units, with the remaining spaces ranging from 9,155 to 83,827 sq ft. The facilities have an EPC A rating.
Sustainability features include solar panels, electric vehicle charging points and cycle shelters.
Bonnie Minshull, head of London at SEGRO, said: “BT Group is a fantastic first customer to welcome to SEGRO Park Croydon Redhouse Road. While the development makes an ideal last-mile urban logistics hub within the south London market, this deal demonstrates that it is also suitable for other uses and that there is demand from a diverse range of businesses that are looking for excellent-quality warehouse space in prime locations close to their markets and employment pools.
Brent Mathews, BT Group’s property and facilities services director, said: “It is essential that engineers across BT Group have quick and easy access to the tools and resources they need to carry out a range of important tasks.
“Securing these two units allows us to provide a base in Croydon for our colleagues to order and collect equipment needed for jobs in the area, making it faster and more efficient to carry out work for our customers.”
To send feedback, e-mail pui-guan.man@eg.co.uk or tweet @PuiGuanM or @EGPropertyNews
See which agents are doing the most deals in the London submarkets with our On-Demand Rankings >>