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AEW UK secures tenant expansion at Wakefield 41

AEW UK has agreed a new lease with a key occupier at Wakefield 41 Business Park to double its premises to 200,000 sq ft.

Integrated Third Party Logistics has agreed a 10-year lease at £1.2m pa for its premises following a major expansion of the business park. It includes a rent review after five years.

The warehousing and logistics provider has occupied Wakefield 41 since 2011. The new facility has increased its capacity – enabling 200 vehicle movements per day – and will operate every hour, seven days per week.

AEW was advised by AWS.

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