FedEx arrives in Nottingham
Global delivery service FedEx has taken a five-year lease on a unit in Queens Drive Industrial Estate near Nottingham. The deal was brokered by joint agents Lambert Smith Hampton and the Nottingham office of DTZ.
The express delivery specialist has taken the five-year lease on a phased rental basis.
The unit, located in Crossgate Drive, comprises 27,446 sq ft of refurbished workshop/warehouse space with a large yard area.
Helen Longstaffe, logistics director at DTZ in Nottingham, said: “We are delighted to have secured such a good quality tenant on this estate. Over the last six months, DTZ together with joint agents LSH, has secured a number of lettings for CBRE investors acting on behalf of the landlord totalling over 50,000 sq ft.
“Two further units are also under offer which means that the part of the estate in our client’s ownership will be fully let.”
DTZ and LSH acted on behalf of the landlord while Orchard House Associates advised FedEx UK Limited.