Upgrade - Sysco has taken a 25-year lease on Hemel 465 (building shown).jpg
Sysco has taken a 25-year lease on Hemel 465, in Hemel Hempstead

Distributor expands with 'excellent' warehouse move

A wholesale restaurant food distributor has expanded with a warehouse deal.

Sysco has signed a 25-year lease on Hemel 465, in Hemel Hempstead.

The agreement for the 479,000sq ft base was secured with construction and engineering company Murphy, which previously upgraded the site with slab, car park, office and power works.

Steve Faber, group property director at Murphy, whose international estate includes a Leeds office, said: “Hemel 465 was an outstanding team effort and an exceptional example of our multi-disciplined engineering and construction expertise. 

“The result is an excellent warehouse for Sysco, which will further enable the business’ growth plans.”

Murphy was advised by a team from Leeds-headquartered law firm Gordons including commercial property partner Nick Chamberlain and construction lawyer George Pegasiou.

Nick added: “Hemel 465 was a remarkable project, which showcased the effectiveness of our longstanding client’s integrated approach.

“It has revitalised an economic asset for the business and provides Sysco with an upgraded warehouse in an ideal location for its substantial operations.”

Murphy received further advice from property agent CBRE, with DTRE acting for Sysco.

 

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