Indurent has fully let Indurent Park Stoke Central after agreeing a new 15-year lease with online grocery retailer Ocado for the final available unit, C55.
Indurent Park Stoke Central
The 55,000 sq ft warehouse has achieved BREEAM ‘Excellent’ rating and EPC ‘A’ ratings.
The 530,000 sq ft Indurent Park Stoke Central is part of the 300-acre Festival Park development in Stoke-on-Trent and was completed in two phases between 2020 and 2023.
George Goldsmith, senior asset manager at Indurent, said: “Securing Ocado as the final tenant at Indurent Park Stoke Central is a significant milestone for the scheme and reflects the continued strength of demand for high-quality industrial and logistics space in strategically located markets.
“Reaching full occupancy across the park demonstrates the appeal of modern, sustainable buildings with excellent connectivity and reinforces our commitment to delivering space that meets the evolving needs of our customers.”
Danny Kennedy, senior property strategy and development manager at Ocado Retail, added: “We are always looking for ways to support our growing customer base, whether that is identifying new sites or maximising the capacity of our current infrastructure.
“Stoke is a great example of this, and it will enable us to deliver to even more customers. While work has only just started, we expect the site will be up and running later this year, creating hundreds of new jobs in the process.”
Last month, Indurent completed three lettings at Indurent Park Purfleet in Essex, Edmonton Industrial Park in north London and Maxted Court in Hemel Hempstead, bringing all three schemes to full occupancy.
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