ProLogis has let a 382,000 sq ft shed to Marks & Spencer at ProLogis Park Stoke in Stoke-on-Trent.
The letting at the park, which is located, on Campbell Road in the West Midlands is one of the biggest of the year so far.
The transaction follows Marks& Spencer’s plans to occupy a 1m sq ft distribution facility late in 2010 that ProLogis is in the process of constructing at Bradford.
Andrew Griffiths, UK managing director for ProLogis said, ‘This transaction is proof of ProLogis’ ability to provide our customers, such as Marks & Spencer, with market-leading services both in the availability of our buildings and land, and in the quality of our product.’
Jason Keegan, head of general merchandise logistics at Marks & Spencer, said: ‘Our relocation to a new site in Stoke-on-Trent will give us even greater flexibility and efficiency in our supply chain operations.
‘Our ongoing relationship with ProLogis enabled us to move quickly when the opportunity became available and we look forward to working with the company in Stoke-on-Trent.’