The BREEAM excellent rated building situated in Coulsdon, South London was developed on behalf of logistics development specialist Evander Properties. The project constituted a total investment of £30 million and serves as Waitrose’s very first bespoke e-fulfilment centre creating over 600 jobs.
The deal was signed after a complex site assembly and acquisition process. Evander was backed by British Airways Pension Fund who own the completed development.
The project represented the second transaction inside 18 months between the parties. Knight Webb, on behalf of Evander, also completed a 420,000 sq ft regional distribution centre purpose built for Waitrose in April 2012 at their Matrix Park development in Chorley, Lancashire.