Japanese tyre manufacturer secures Milton Keynes distribution centre
Japanese tyre manufacturer and distributor has taken a 110,000 ft2 warehouse in Milton Keynes to act as its UK distribution hub.
By Liza Helps, Property Editor, Logistics Matters
THE COMPANY has secured a a 5-plus-5-year lease to occupy the property at Dawson Road in Milton Keynes from pan-European investor and asset manager,M7 Real Estate.
Acting as the UK’s exclusive tyre supplier to several championships, YOKOHAMA will use the space to create and distribute high-performance replacement and original equipment tyres for a variety of vehicles.
Situated in an established logistics location in Milton Keynes, the property benefits from immediate access to the A5 and direct links to the UK’s national motorway network, with Junctions 13 and 14 of the M1 approximately seven and five miles away, respectively.
The new lease also incorporates a range of sustainability provisions, reflecting M7 and YOKOHAMA’s shared commitment to the long-term environmental performance of the asset.
The Dawson Road property is part of the European Supply Chain Income Partnership (ESCIP) platform, the joint venture fund backed by AustralianSuper and Oxford Properties.
