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SEGRO secures tenant for 48,000-square-foot London facility

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SEGRO secures tenant for 48,000-square-foot London facility

SEGRO Plc secured Caesarstone (UK) Ltd. as the tenant of a 48,000-square-foot facility at Navigation Park, located at Enfield in greater London.

The two companies signed a long-term lease agreement on the industrial building, which is considered to be the first certified "carbon neutral" development in the greater London region, according to a release.

Caesarstone will use the building for storage and distribution purposes and will move into the unit in January 2017.

The Navigation Park development consists of three speculative units that reached practical completion in June. SEGRO leased Unit 1 to Camden Town Brewery in April.