Trammell Crow Company, a leading global developer and investor in commercial real estate, has acquired a 19.4-acre site in Milton Keynes to develop three Grade A speculative logistics buildings totalling approximately 340,000 square feet. 

Construction is expected to begin in Q2 2022 with an expected completion date of Q2 2023.

Mike Forster, Director and Head of UK logistics for Trammell Crow Company, said: “This is a unique opportunity, and we are extremely pleased to acquire our first site in Europe having only entered the market a few months ago. 

“Milton Keynes is considered one of the key prime logistics locations in the UK, with excellent transport infrastructure that serves to attract a number of manufacturers, third-party distributors and, increasingly, large retailers operating their own distribution functions.”

With the growing likelihood of electric vehicles (cars and lorries) and increased levels of automation and overall power demand, the buildings will provide increased load capacity on the roof to accommodate photovoltaic arrays and additional natural daylighting. 

They will also house transformers and primary electrical frameworks sized for increased electrical demand and reserves of power; have infrastructure made ready for electric vehicle charging; provide increased capacity of floor slabs for floor-standing mezzanines and pick-towers and have the flexibility to accommodate various office configurations.