Global healthcare maker Piping Rock signs 10-year lease in 45-acre Leicester Distribution Park

Piping Rock, a global manufacturer and supplier of healthcare products, has signed a 10-year lease in the 45-acre Leicester Distribution Park.

Property developer Graftongate has announced the first rental in the final stage of the development it is building with Blackrock on the west side of Leicester.

Piping Rock is taking a newly built 75,000 square foot speculative distribution unit in a location that marks the US healthcare giant’s expansion into the UK market.

The third final phase of will provide four new distribution and logistics units with a combined area of ​​300,000 square feet.

The four units will be completed in March and include the remaining 30,000 square foot, 45,000 square foot and 150,000 square foot units which are still available.

Graftongate said the units had been built to carbon-neutral construction and operating standards, and had been rated BREEAM “very good”.

Sustainable features will include solar photovoltaic panels, electric vehicle charging stations, rainwater harvesting, green drainage systems and smart energy monitoring.

Leicester Distribution Park is in the industrial area of ​​Braunstone Frith, a few miles from junction 21 M1 and the M69 interchange.

Graftongate and BlackRock have developed four units totaling 400,000 square feet in the first two phases of the project, for occupants including Samworth Brothers, Power Towers, Company Shop Group and Leicester Tissue Company.

The completed program will contain eight logistics units with a combined total area of ​​700,000 square feet.

Graftongate director Colin Beasley said: “Piping Rock are a welcome new occupant to the program and we wish them all the best as they expand into the UK market.

“They have chosen LEDP to locate their national distribution center and will benefit from its location at the heart of the UK distribution network.

“We have very strong interest in the remaining units and hope to be able to announce further rentals shortly.”

Maria J. Book