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Magna Park developer to build 1 4m sq ft of spec sheds

Four major warehouse units to be spec built as total space hits 13m sq ft

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GLP to speculatively develop 1 4 million ft² space at Magna Park Lutterworth

GLP to speculatively develop 1 4 million ft² space at Magna Park Lutterworth
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GLP has announced a new round of spec shed developments at Magna Park Lutterworth

Property developer GLP has today announced that it has leased multiple warehouses at Magna Park Lutterworth to ‘top-tier customers’, along with [.]

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GLP to speculatively develop a further 1 million sq ft at Magna Park Lutterworth

Following the news that two of the units on GLP’s Magna Park South site, including the 745,000 sq ft mega shed are under offer, the company has submitted plans a further 1 million sq ft plus of speculative development on its Magna Park North site. The new development will consist of three units of 200,102 sq ft, 297,194 sq ft and 503,216 sq ft. Magna Park Lutterworth, the developers flagship scheme, consists of three zones: Magna Park South totalling 220-acres which it acquired from Tritax Symmetry in 2019, Magna Park North totalling 225-acres. The original land holding at Magna Park Lutterworth now accommodates some 9 million sq ft of warehousing space.

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