EUROPEAN logistics solutions provider Lupprians has taken a 10-year lease on a 4.29 acre site in Bletchley.
The specialist logistics firm in medical, computer, print and other hi-tech industries had acquired Milton Keynes-based Romac Technical Services in September 2011 and needed more space.
Diccon Brearley, of chartered surveyors’ Brown & Lee, in Shirwell Crescent Furzton, negotiated the letting on behalf of the landlord. He said: “Lupprians bought Romac who were in 30,000 sq ft on Mount Avenue. That property was too small for them, so they needed more space hence agreeing a deal to lease the 75,402 sq ft on Dawson Road.” Mr Brearley declined the opportunity to state the rental value of the lease.
The Dawson Road building which sits close to Saxon Street and is opposite the MK Dons football stadium was formerly occupied by Yokohama. It has 30,060 sq-ft of high bay warehousing space with dock levelling, as well as 36,711 sq-ft of original warehouse and 8,631 sq-ft of modern hi-quality office accommodation.
The vacant property, which had interconnecting warehouses and fully fitted offices at first and ground floor level, was the one vacant property in the Eden Portfolio.
The property portfolio, which includes seven high yielding single let business space properties across the UK, is now owned by Canmoor and Harbert Industrial Estate joint venture.
The Eden Portfolio includes two properties in Milton Keynes, the other being in Michigan Drive, Tongwell.