includes 336,000 square foot lease with Prologis Hermes Tamworth

  cheap Michael Kors ProLogis has signed a lease agreement with the Hermes Parcelnet distribution facility 336,000 sq ft Prologis to Tamworth 594 to facilitate the growth of the logistics business.

The building, which is a total of 594 444 square meters, was one of 11 buildings recently ProLogis European Logistics Partners Sàrl (PLER), a joint 50/50 venture between ProLogis and Norges Bank Investment Management (NBIM) purchased.

Hermes, one of the leading specialists in the supply for consumption in the United Kingdom more than 163m deal with collections and deliveries per year, works with more than 120 high street, catalog and online retailers such as Next, ASOS, Debenhams and John Lewis. The company has achieved rapid growth to cater to growing demand from customers in recent years.

The new facility in Tamworth, Halls strategically in the expansion of the hub of the business and network of depots, a 15% increase in parcel volumes in 2013 manage away.

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"We need the additional capacity hub to ensure that we had the infrastructure and resources in place to meet in 2013, we placed significant throughput the specific needs of our retail customers the best to the continued growth of online shopping to use, "said Adam Leach, Estates Manager at Hermes.

"ProLogis has worked closely with us quickly and efficiently a property solution that can precisely meet and plan to our specific needs to develop."

Work to split into two separate units, the building is now on site and Prologis same interest in the rest of the 258,000 square feet was strong.

"The industry of home delivery is experiencing unprecedented growth, and this is one reason why the growing demand for logistics space in major markets such as the West Midlands," said Andrew Griffiths, CEO of ProLogis UK.

"We are pleased that our recent acquisition from Tamworth Prologis 594 meant that we were able to respond immediately to meet the urgent needs of Hermes."

North Rae Sanders and Dowley Turner Real Estate acted for ProLogis. black Michael Kors