Key Takeaways
- • Prologis has leased the 80,000 sq ft DC4 unit at Bromford Gate industrial and logistics park in Birmingham to gas distribution network operator Cadent on a 10-year lease.
- • The unit sits adjacent to Prologis's existing national distribution centre, allowing Cadent to consolidate its Birmingham-based operations at the park.
- • Bromford Gate is now fully let, according to the source article.
- • Cadent is undertaking fit-out works, targeting operational status for DC4 in early 2027.
- • Prologis leasing director Tom Price described the transaction as a new relationship for both companies.
Summary
Prologis has let the 80,000 sq ft DC4 unit at Bromford Gate industrial and logistics park in Birmingham to Cadent, the gas distribution network operator, on a 10-year lease, according to BE News. The unit is located adjacent to Prologis's existing national distribution centre at the park.
The transaction enables Cadent to consolidate its Birmingham-based operations at Bromford Gate, which the source describes as now fully let. Cadent is currently carrying out fit-out works, with the stated ambition of having DC4 operational in early 2027.
Robert Martin, real estate strategy manager at Cadent, said the site is in a prime position for national distribution and that Birmingham is an important location for the company. He noted the availability of the unit was well-timed and well-placed, and that Cadent moved quickly to secure it.
Tom Price, leasing director at Prologis, described the deal as a new relationship for both companies and said the firm looks forward to doing more together in the future.
Prolpogis was represented by Darby Keye, Harris Lamb and Colliers. Cadent was represented by Avison Young.
The transaction enables Cadent to consolidate its Birmingham-based operations at Bromford Gate, which the source describes as now fully let. Cadent is currently carrying out fit-out works, with the stated ambition of having DC4 operational in early 2027.
Robert Martin, real estate strategy manager at Cadent, said the site is in a prime position for national distribution and that Birmingham is an important location for the company. He noted the availability of the unit was well-timed and well-placed, and that Cadent moved quickly to secure it.
Tom Price, leasing director at Prologis, described the deal as a new relationship for both companies and said the firm looks forward to doing more together in the future.
Prolpogis was represented by Darby Keye, Harris Lamb and Colliers. Cadent was represented by Avison Young.
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