Icon Industrial, a strategic joint venture by leading commercial property developer, Stoford and private global investment firm, TPG Real Estate, has completed the first of two new Grade A warehouse developments in Harlow.
The JV has delivered Unit D, a bespoke last mile distribution unit of 84,407 sq ft at Icon Harlow in Essex, on behalf of an international online retailer.
The new building is part of phase two Icon Harlow, providing almost 200,000 sq ft of much needed Grade A warehouse accommodation for the London-Stansted-Cambridge corridor.
A second unit (E) is under construction on a speculative basis, with completion scheduled for October 2021. The Grade A unit will extend to 112,000 sq ft and provides the rare opportunity to occupy one of the only available buildings over 100,000 sq ft in the north M25.
Phase one of Icon Harlow completed last year and comprised three highly specified units, including two speculatively constructed. All three units are now occupied and extend to 244,258 sq ft.
Angus Huntley, Director at Stoford, said: “Icon Harlow has attracted significant interest from distributors looking for much needed quality warehouse and logistics accommodation in the home counties, but with quick access to London and the wider South East. The final unit (E) will provide Grade A accommodation with enhanced sustainability credentials, including PV arrays and 20% EV car charging provision. We have the opportunity to offer occupiers early access to the warehouse from the end of September 2021.”
Icon Harlow is conveniently located in close proximity to Harlow town centre and benefits from excellent road, rail, air and sea links. The development lies a short drive from junction 27 of the M25, just 17 miles from London Stansted Airport, 30 miles north of central London and 34 miles from DP World’s London Gateway Port.
Existing occupiers include SOP International, Verhoek Europe and leading arts and crafts supplier, Baker Ross.
For all enquiries, please contact the scheme’s retained agents: DTRE, JLL and M1 Agency.