Trade tool retailer ITS has signed an eight-year lease at specialist logistics developer Padrock’s Dagenham Logistics Hub.
Dagenham Logistics Hub
ITS will move into a 17,700 sq ft unit at the £95m east London development in April, which it said would be London’s largest tool superstore.
Dagenham Logistics Hub, located between the A12 and A13 east London arterial roads near Dagenham East Underground, comprises 14 leasehold industrial and warehouse units ranging from 6,550 sq ft to 34,825 sq ft, all with BREEAM ‘excellent’ and EPC ‘A+’ ratings.
ITS spokesperson Elliott Williams said: “The opening of our Dagenham superstore marks a major milestone for ITS and underlines our continued investment in London and the wider region.
“Dagenham Logistics Hub stood out for its prime position in east London, high-quality specification and strong sustainability credentials.
“The scheme aligns perfectly with our long-term growth strategy and our commitment to operating from modern, future-ready facilities.”
Jamie Young, investment and development manager at Padrock, added: “ITS is an outstanding retail business, so we are very pleased to welcome the company to Dagenham Logistics Hub.
“The company’s flagship facility reinforces our scheme as a destination trade retail cluster, aligning with our sustainability-led vision and underpinning a collaborative trade and logistics hub.”
The agents for Dagenham Logistics Hub are M1 Agency, Ryan and Glenny.
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