Paragon takes on 50,000 sq ft warehouse

BNP Paribas Real Estate has secured a 50,000 sq ft warehousing facility for Paragon Sleeves & Cartons. The company has signed a 10 year lease, with all inclusive rent, on the unit located in Guyhirn, Peterborough.

Jonjo Lyles, associate director at BNP Paribas Real Estate's industrial agency, comments: “As the UK's tough economic conditions continue to impact many businesses, Paragon Sleeves & Cartons has been fortunate enough to be able to expand its UK operations. Securing this new warehousing unit, located in an easily accessible location, will enable the company to continue to provide high quality products and services to its rapidly expanding customer base.”