Logistics company Eddie Stobart has agreed a deal to take on a 420,000 sq ft distribution centre at Daventry International Rail Freight Terminal (DIRFT).
According to the South East Midlands Local Enterprise Partnership, the move could create up to 500 jobs.
The new purpose-built 420,000 square foot rail-connected distribution centre will have a dedicated canopied rail platform along one side of the building.
William Stobart, CEO, Eddie Stobart, said: “We already occupy a number of buildings at DIRFT, and we know it is an excellent location for many of our customers,”
“This new building will further our rail capability and is a significant investment in the continuing success of our business.”
The new building, which will be cross-docked, has been designed to achieve BREEAM ‘excellent’ accreditation and an EPC A rating. Construction will begin in November, with completion scheduled for next summer.
Andrew Griffiths, managing directora at Prologis UK, said: “This is the first building we have let to Eddie Stobart, and we are delighted that we can meet the company’s requirements.
“DIRFT II is now complete, but with our ongoing investment in DIRFT III, we can continue to offer our customers the best opportunities in the market for rail-served distribution facilities.”
Prologis owns and manages approximately 23 million square feet of logistics and distribution space in the UK as of September 30, 2014.