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Logicor secures largest industrial letting in the North this year

May 23, 2025 | Emma Jaglowski

Logicor, a leading owner, manager and developer of European logistics real estate, has leased Sherburn 550; a 556,000 sq ft warehouse in Sherburn in Elmet, North Yorkshire, in what is one of the UK’s biggest industrial property deals this year, and the largest in the North.

The fully refurbished modern unit has been leased by major pan-European third-party logistics operator ID Logistics, a long-term customer within Logicor’s portfolio.

Sherburn 550 is located off Junction 42 of the A1(M) to the east of Leeds, on one of the UK’s strategic north / south trade routes, approximately 4 hours’ drive to both London and Edinburgh.

The enduring e-commerce and consumer habits mean that demand for well-located and modern real estate continues. In practice, it meant that Sherburn 550 was leased to ID Logistics with no void period after the previous customer vacated the building.

Leasing Sherburn 550 is testament to Logicor’s ability to meet customer demand and provide them with high quality logistics real estate in the right locations. We pride ourselves on knowing what’s important to our customers, and the chance to work with ID Logistics in the UK as well as Europe, to support their growth in the country is an exciting prospect.”

Jack Garrett

Logicor Director of Asset Management, UK

This property represents an important next step in the growth of ID Logistics in the UK. Logicor, Knight Frank and Carter Jonas teams have supported us in delivering under the timetable we require, and we thank them for their commitment in securing this lease”

Stuart Evans

Managing Director, ID Logistics UK

This is the most significant industrial property deal in the region so far this year. Our Yorkshire and national Industrial and Logistics team have worked tremendously hard and collaboratively on this project together with Logicor and ID Logistics.”

Iain McPhail

Partner in the Industrial and Logistics team at Knight Frank’s Leeds office

We have been working with the ID Logistics team, through our IRELS Partner EOL, over several months to support their growth in the UK by identifying a modern warehouse facility to meet their innovative approach to logistics operations and commitment to eco-performance and optimisation. This lease is an important milestone in their growth.”

Andrew Smith

Partner, Commercial, Carter Jonas

The warehouse features Grade A specification including 56 loading doors, 15m eaves height, three service yards, quality offices and generous power provision.

The site also forms parts of The Sherburn Distribution Park, which is home to notable national occupiers such as Sainsburys, GXO, Eddie Stobart and Kingspan.

-ENDS-

Contact details

Emma Jaglowski Senior Marketing Manager [email protected]

About Logicor:

Logicor is a leading owner, manager and developer of European logistics real estate.

As of December 2024, our portfolio of properties spans over 19 million square metres of warehouse space in key transportation hubs and close to major population centres, enabling us to support over 2,000 customers.

We are headquartered in London and Luxembourg and have teams of people based across Europe.

Our real estate and the strength of our network enable our customers’ goods to move through the supply chain and into society, every day. For more information visit www.logicor.eu