Major letting secured at Durham logistics hub
A new lease agreement has been secured at a flagship logistics development in Durham.
Restore Plc, a records management, digitisation and secure recycling services firm, has signed a 15-year lease for Connect 84, a “state-of-the-art” industrial warehouse that is part of the Connect development at Integra 61.
Spanning 84,175sq ft (hence the name Connect 84), it is the largest speculative new build logistics project in the North East in two decades.
Developed by pan-European investor Sunrise Real Estate, the wider Integra 61 scheme, situated adjacent to junction 61 of the A1(M), consists of five units totalling 640,000sq ft, with a focus on sustainability, including BREEAM Excellent ratings.
Nigel Dews, managing director of Restore Information Management, said: “We are excited to have Connect 84 as our new storage centre.
“This fits nicely with our wider property strategy to continue to provide state-of-the-art storage facilities for our customers which also help with reaching our sustainability targets.”
Jenny Wang, chief operating officer and head of asset management at Sunrise Real Estate, added: “This letting highlights the significant demand that exists for modern, high-quality logistics properties with strong sustainability credentials in this location.
“We’re hugely proud of this scheme and look forward to welcoming Restore Plc to its new base in the North East.”
Avison Young, CBRE and Naylors Gavin Black acted as joint letting agents on the deal.
Danny Cramman, director at Avison Young, added: “This transaction was an excellent end to 2024 for Connect.
“The units offer best-in-class space for occupiers with excellent access to the A1(M); there is already strong interest in the scheme, and we look forward to achieving further lettings in 2025.”
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