London-based online retailer MH Star is set to take up the entirety of GLP’s G-Park Bedford Wixams scheme, covering more than 530,000 sq ft of warehouse space.
The park, thought to be the largest single development in Bedfordshire, is being developed on a speculative basis and comprises three buildings of 125,000 sq ft, 160,000 sq ft and 250,000 sq ft.
The deal represents MH Star’s first lease with GLP in the UK, having previously leased space with the company in Spain.
MH Star specialises in home and outdoor products. Its brands include Aosom, Outsunny, Pawhut and Homcom.
The G-Park Bedford Wixams development forms part of GLP’s ongoing expansion plan across the UK and Europe. In the UK, GLP recently announced the development of a further 2.3m sq ft of space across a range of sites, in addition to 1m sq ft of space announced in January.
Adrienne Howells, development director at GLP, said: “This landmark letting of all three buildings at G-Park Bedford Wixams, ahead of practical completion, speaks to the continued strength of the logistics real estate market and the quality of the space that GLP produces.
“Our focus remains to deliver on our ambitious development programme to continue to support customers like MH Star.”
Arvind Panchmatia, general manager at MH Star, said: “As more consumers adapt their spending habits and shift to e-commerce, it has been increasingly important for us to source high-quality warehousing solutions so that we can effectively respond to ever-increasing demand. G-Park Wixams delivered on every aspect, from modern, flexible office spaces to renewable energy provisions and welfare facilities for employees.
He added: “This new site will put us in a strong position to drive forward MH Star UK’s expansion as the business continues to grow and evolve.”
Knight Frank advised MH Star whilst Cushman & Wakefield, Savills, Brown & Lee acted for GLP.
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 Bedfordshire with our On-Demand Rankings >>
