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An artist s impression of the completed Aberdeen One By Kristy Dorsey Aberdeen’s first dedicated logistics park has signed a major anchor tenant as the rise of online retail continues to drive broader demand for industrial space.
International shipping giant FedEx has pre-let 43,500sq ft at the 20-acre Aberdeen One logistics park on a 15-year lease. Under the development agreement with the park’s owners, Titan Investors, an existing 70,000sq ft warehouse will be stripped back to its structural frame and refurbished with new offices and yard facilities, with FedEx to take occupation in July. The site had previously been the North Sea headquarters of French oil major Total, dating back to the 1970s. Titan Investors acquired it in 2018 and demolished the old office facilities to generate 20 acres of development land.