New logistics unit
11 May 2021
LG ELECTRONICS has pre-let unit 1, a 50,000 sq ft warehouse at Kennedy Wilson and Tungsten Properties' project at Union Park, an 8.5 acre strategic industrial development in Leighton Buzzard.
The new development has replaced the previously outdated buildings with eight new industrial and logistics units totalling 163,940 sq ft, with units ranging from 14,000 sq ft to 50,000 sq ft.
LG Electronics will relocate from Milton Keynes. 65 staff will move into their new building at the end of May 2021.
Unit 1 accounts for 30% of the overall project. The remaining units 2-8 will be ready in June 2021.
Tungsten Properties development director David Mole said: “Leighton Buzzard is a strategic site which has been needing high quality industrial and warehouse space for those businesses needing to expand or relocate. For LG Electronics to take the largest building at our project is testament to what we’re building and the high demand we’re experiencing.”