Indurent Park Wellingborough fully occupied following c.184,000 sq ft letting to global engineering firm CTDI
Indurent, a leading developer and operator of industrial and logistics space across the UK, has leased a c.184,000 sq ft Grade A unit in Wellingborough, Northamptonshire, to global engineering firm CTDI. The 10-year lease at unit W184 means Indurent Park Wellingborough is now fully occupied.
CTDI delivers technical engineering, network infrastructure and supply chain solutions to some of the world’s largest tech and telecoms businesses, and employs over 20,000 people globally.
The unit provides 184,000 sq ft of high-quality, flexible warehousing alongside operationally net zero office space. It includes over 180 HGV and car parking spaces, 32 of which are equipped with EV ports. The unit has achieved BREEAM ‘Excellent’ accreditation and is EPC A+ rated. Its rooftop PV panels have the capacity to deliver significant energy cost savings estimated by Indurent to be up to £163,000 per year1, with smart LED lighting also delivering a 75% reduction in energy consumption versus standard lighting.
The park is located just two miles from Wellingborough town centre in the East Midlands, providing excellent road connectivity via the M1 to the north and south east of England, with a potential labour force of 1.2 million people within a 60-minute drive. The Park comprises a total of over 320,000 sq ft of modern warehouse space, which is fully-let to companies including Premier Paper and Transglobal.
Indurent Park Wellingborough is part of the £1 billion Stanton Cross development, which will deliver 3,650 new homes alongside community facilities and a range of employment spaces.
“We have delivered a significant volume of high-quality modern warehousing in the East Midlands, which is one of the UK’s most in-demand industrial and logistics markets owing to its exceptional nationwide transport links and strong regional consumer and worker catchment. This commitment from CTDI underlines the appeal of our estate in Wellingborough as a base for high-tech businesses seeking to expand their presence in the UK.”
Ben Silcock, Senior Development Manager at Indurent
“We are excited to open our newest facility in Europe in Wellingborough and bring exciting jobs with great technical innovations to the local people. This facility is beautiful and we are creating a great place for people to work and the facility itself ties in nicely with our sustainable goals. We are looking forward to growing locally over the coming years”
Matthew Bull, Vice President Broadband & UK Mobility Division at CTDI
CTDI’s lease was completed within just six weeks of the agreement being reached and entering into legals, with Louch Shacklock acting as agent.
1 Based on as-built PV yield from EPC A+ requirement, assumes 100% full energy consumption in year 1 and unit rate of 30p per KwH