Jul 06, 2023
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AIPUT (Airport Industrial Property Unit Trust) has announced that it has let the newly completed ‘Black Arrow’ warehouse at its Blackthorne Point logistics campus, part of the Poyle Trading Estate to the west of Heathrow’s Terminal 5 (T5). The site is the first UK logistics base for international freight forwarder, EFL Global, who are in growth mode. This transaction reinforces the health of the occupier market and the strong international appetite for high-quality modern warehouse space around Heathrow and West London.
The new warehouse building will be operationally net zero and incorporates a range of environmental initiatives including roof-mounted photovoltaic panels and other Low and Zero Carbon technologies, which together will deliver a 30% reduction in CO₂ emissions over building regulation requirements. Black Arrow is projected to achieve a minimum of BREEAM ‘Excellent’ and EPC ‘A+’ ratings and has been constructed in accordance with AIPUT’s Pathway to Net Zero strategy, which seeks to decarbonise the fund’s operations and its logistics portfolio by 2040.
READ: AIPUT makes £38.4m purchase of Luton Trade City
The new high-specification, 27,760 sq ft GIA (2,579 sq m GIA) industrial warehouse occupies a 1.2 acre site adjacent to AIPUT’s Blackthorne Point Estate, close to T5 and within a mile of Junction 14 on the M25. Once fully operational, up to 35 new roles are expected to be created at the site, which will primarily handle stock imports for major high street clothing retailers. AIPUT’s existing customers at Blackthorne Point include UPS Supply Chain, Scan Global Logistics, Flostream and CH Robinson.
Commenting on the Black Arrow letting, AIPUT Fund Manager, Nick Smith, said: “AIPUT is delighted to welcome EFL Global as our newest customer to our recently completed Black Arrow warehouse, West Heathrow. Collaboration is at the core of our culture, and through working closely and at speed with EFL Global, we are pleased to have met their needs and introduce an exciting new global freight forwarder to the UK logistics market.
READ: AIPUT adds to Heathrow warehouse portfolio
“We recognise our responsibility to be part of the solution to improve the environment and vitality around Heathrow. The Black Arrow warehouse has been designed to be highly energy efficient for EFL Global, create new jobs and sustainable skillsets for the Heathrow area, and represents a key milestone in our strategic Pathway to Net Zero for our investors.”
EFL Global President – Americas Region, Evan Rosen, added: “We are elated to expand our business and operations in England. EFL Global continues to invest in key regions that are most important to our clients, which includes strategic planning and expansions in the European region. This market is a critical part of our journey to provide unparalleled logistics and supply chain services across the globe.”
The planning permission granted by Slough Borough Council for AIPUT’s Black Arrow logistics warehouse also facilitated the delivery of significant highway improvements to the adjacent Blackthorne Road, widening the carriageway to enable HGVs accessing the Poyle Trading Estate to pass comfortably in either direction and redesigning the access to AIPUT’s Blackthorne Point location with a new, occupier-controlled security gate, improving security and reducing traffic congestion.
Construction at Black Arrow was carried out by A&H Construction, managed by Northland. AIPUT’s leasing representatives were JLL, DTRE and Logix.
The post AIPUT completes and lets net Zero Heathrow warehouse to EFL Global appeared first on AIR CARGO WEEK.
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Author: Edward Hardy
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