Market Leads & Opportunities
Jd Sports Agrees Deal for Landmark Derby Facility
Industrial real estate developer Panattoni has signed a lease agreement with JD Sports for a 514,193 sq ft speculatively developed facility in Derby.JD Sports has signed a 20-year lease at Derby 515, which will have a 15m clear internal height, 56 dock doors and eight-level access doors, as well as parking for 185 trailers.The building is part of Panattoni’s 900,000 sq ft development at Derby Commercial Park on Raynesway, two miles east of the city.The second unit at the park is Derby 370, which was let at the beginning of this year to Alloga UK on a 15-year lease term.Letting agents are Avision Young, CBRE and Burbage Realty. CBRE acted for JD Sports.The building is expected to be completed in the fourth quarter of this year.
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