Verdion completes iPort speculative phase

Pan-European logistics real estate specialist Verdion has completed a further facility at iPort, the multimodal logistics hub just outside Doncaster, bringing new Grade A space to the undersupplied Yorkshire market.

iP10 offers 259,266 sq ft of high-quality distribution space in a steel portal framed warehouse unit with double-storey offices, HGV and car parking and a secure 53-metre-deep yard.

It is the final completion in Verdion’s latest round of speculative development, which also included two buildings leased to Woodland Group and Euro Pool Systems respectively. Verdion has also signed a new long-term lease with Maritime Transport, which has doubled the size of its facility at iPort to reflect its growth in the region. Unit iP2f is also currently available offering 174,380 sq ft for immediate occupation.

Jamie Young, Asset Manager at Verdion, said: “With clear demand in this Yorkshire market for high quality logistics space, this new unit offers over 250,000 sq ft with immediate availability and outstanding road and rail transport links. It also means that our latest speculative development programme has been delivered very smoothly despite wider supply chain challenges in the market and, with occupier appetite showing no signs of slowing, we are now focussed on bringing forward future opportunities at the park.”

iPort is one of the UK’s most advanced multimodal logistics hub, with capacity for a total of 6 million sq ft of 24/7 of logistics and light industrial accommodation close to Junction 3 of the M18 and the East Coast Main Line. It also benefits from an award-winning multimodal on-site rail freight terminal. iPort Rail, is increasingly being used by companies based on-site and across the region looking to cut carbon across their supply chains, with rail connections to major UK sea ports.

Other occupiers include Amazon, CEVA, Fellowes, Lidl, Dusk, Kingsbury Press, Woodland Group and Euro Pool Systems, while its remaining 1.7 million sq ft includes capacity for buildings of up to 800,000 sq ft.