B&Q has a taken a new 10-year lease at its 800,000 sq ft Redhouse Distribution Centre in Doncaster.
Logicor, which owns the property, said the DIY retailer would start the new, break-free lease as its old one ends in December 2023.
Tom Blakely, Logicor’s director of asset management, said: “Redhouse is a well-established base for B&Q, who have been a valued customer since 2003.”
Start your free trial today
Your trusted daily source of commercial real estate news and analysis. Register now for unlimited digital access throughout April.
Including:
EDITOR’S COMMENT “The UK’s real estate agency market is in a state of flux”
Joint venture with Blue Owl starts with eight-store seed portfolio
Fund will create 1.9m sq ft innovation cluster
Theatre group Cirque du Soleil will replace former Odeon on Shaftesbury Avenue
