DHL completes on 100,000 sq ft South Tyneside unit
The logistics company is expanding from a 70,000 sq ft space in Hebburn into the Simonside Industrial Estate, in a deal secured by Naylors Gavin Black on behalf of landlord Kans and Kandy.
The unit, formerly occupied by Biffa, has benefitted from an £8m upgrade including the installation of sustainability features.
Following this, Naylors carried out a strategic marketing campaign and identified DHL as a target potential tenant for the unit.
The deal was agreed back in January. HTA are joint agents on the property.
Keith Stewart, partner at Naylors Gavin Black, said: “This is the latest in an impressive run we have had in delivering large scale lettings in the region to corporate businesses across a number of sites we are instructed on – including Connect at Integra in Durham, IAMP and
Hillthorn Business Park, Sunderland, Team Valley, Gateshead and North Tyneside.
“Our client, Kans and Kandy have done an excellent job maximising the potential and standard of this property and DHL will benefit from a fantastic facility that will improve operations and better meet their ESG goals.”
Peter Razaq, co-founder and chairman at Kans and Kandy, comments: “We are delighted to have secured DHL as part of our property portfolio.
“We have worked closely with our project team to provide additional works and look forward to seeing operations commence from the property shortly, following completion of DHL’s fit-out.”