Origin, on the 22 acre former Guinness Brewery site, provides space for 1000 jobs in BREEAM ‘Excellent’ buildings. Phase 1 is almost complete, and of the initially available 150,000 sq ft, SEGRO say there is now only 36,650 sq ft remaining to let in this phase of the development.
The developer believes the rise of e-commerce, coupled with the needs of London’s ever-expanding population (set to reach over 10 million people by 2030), underlines the importance for distribution companies to be located as close to their customers as possible.
Mash has signed for a 53,000 sq ft unit at Origin, giving them the long term security and space needed for growth. The greengrocer has been located in central London for seven generations but will be moving its entire operation by June 2015.
Charlie Mash of Mash Purveyors said: “I am delighted that we have secured a fantastic new site in London. The Mash family has been operating out of the food markets – supplying London’s top restaurants and hotels with fresh produce – for seven generations but it was vital to find new stand-alone premises for long term security.
“The new premises at Origin are best located to continue to service our current clients, whilst accommodating future growth.”
John Lewis has signed a 25 year lease for 108,000 sq ft of Grade A space which, subject to planning, will be built to suit their needs as part of Phase 2. Construction will begin in Spring 2015 and a total of 99,560 sq ft remains available across a range of units which are being marketed on a pre-let basis.
Mark Robinson, Director of Customer Delivery Operations at John Lewis, said: “The new facility will allow our business to service customers across West London in the most efficient way possible. The site will deliver products to customer homes across the Capital, mainly furniture and large electrical items alongside the wide range of technical installation services we offer.
“The facility is purpose built and will allow us to support the current and future demands on the network created by the significant growth ambitions we have, both through our department stores and our online business.”
Alan Holland, Business Unit Director for SEGRO Greater London, said: “The meteoric rise of e-commerce and customer demand in and around population hubs like London is driving up the demand for quality industrial property from which companies, like John Lewis and Mash Purveyors, can efficiently distribute their goods and meet the needs of their customers.
“Based in the heart of the historic ‘breadbasket’ of London, Origin provides direct access to Central London, Heathrow and the A40 – key to the success of distribution companies – and we are thrilled to welcome such quality brands to Origin and are proud to play a fundamental part in their future.”
“As a key economic generator to London, Origin and Park Royal will continue to support London businesses and promoting growth. The latest deals with John Lewis and Mash Purveyors will deliver over 400 jobs at Origin – with more expected as Phase 2 is developed and the remaining space is let.”