Prologis today announced an agreement to lease a second distribution unit at Prologis Dawley Road, Hayes, to Martinspeed.
The specialist arts handling company already occupies a 13,575 sq ft unit on the logistics park and signed a ten year lease for a 24,794 sq ft unit in a deal which took only two weeks to complete.
“We needed to work with a company who could accommodate our need for additional space within a tight timeframe,” said Simon Sheffield, Executive Chairman of Martinspeed. “The team at Prologis took the time to understand our needs and were able to agree the lease terms and complete the deal in under two weeks, enabling us to quickly move forward with our business plans.”
West London is a great choice for last mile and urban logistics and Prologis Dawley Road is home to a growing and thriving business community. Its proximity to the new Crossrail station at Hayes and Harlington makes it easy for employees to get to and from work and, with the regeneration of the old Vinyl factory well underway, the area is an inviting and attractive place for businesses, their employees and customers.
“Prologis Dawley Road will provide Martinspeed with an excellent base for business growth and we were delighted to help the company secure a second unit on the Park,” said Tom Price, Associate Market Officer for Prologis UK. “The Park’s proximity to London and the fact that it was already fitted-out with LED lighting made it an attractive proposition for Martinspeed, given the tight timeframe involved.”
Prologis Dawley Road is in an established industrial area close to Heathrow Airport and the West London market. The development has easy access to Junction 3 and Junction 4 of the M4, Junction 15 of the M25 and Junction 1A of the M40.
This latest deal leaves just one unit of 45,719 sq.ft available for immediate occupation.