Introducing CRE MBA—self-paced online courses taught by industry experts for CRE professionals.

Amazon to Buy 1 MSF Golden Triangle Warehouse in UK

Amazon is in talks with Tritax Big Box for a 1 MSF build-to-suit warehouse in Kettering in the UK’s Golden Triangle logistics region.
Amazon to Buy 1 MSF Golden Triangle Warehouse in UK
  • Amazon is in talks with Tritax Big Box for a 1 MSF warehouse at Symmetry Park Kettering, strategically located near the A14 and M1-M6 interchange.
  • Symmetry Park spans 136 acres, with outline planning permission for 2.3 MSF of logistics space.
  • The facility would become Amazon’s latest large-scale hub in the UK, adding to its presence in Northampton and Coalville.
  • Industrial experts note Amazon’s renewed optimism about consumer spending, leading to increased logistics investments across the UK.
Key Takeaways

Amazon (AMZN) is reportedly in advanced discussions with Tritax Big Box for a significant distribution hub in Kettering, as reported by CoStar.

Across The Pond

The facility, part of Symmetry Park, is designed as a build-to-suit warehouse spanning approximately 1 MSF, with the potential to expand to 1.1 MSF. Symmetry Park Kettering, covering 136 acres, is situated within the Golden Triangle, a key logistics region due to its connectivity to major motorways.

Tritax Big Box’s Symmetry Park Kettering currently hosts tenants like Greggs, which is constructing a 311.6 KSF logistics hub, and Iron Mountain, which occupies a 313,000 KSF facility. The park is supported by leasing advisers from BNP Paribas Real Estate, Cushman & Wakefield, and DTRE.

Expanding UK Footprint

The Kettering site would be Amazon’s latest addition to its portfolio of UK hubs, which already includes 1 MSF+ facilities in Northampton and Coalville, Leicestershire. The company also confirmed a £500M fulfillment center in Northampton earlier this year. 

These developments signal a return to growth after Amazon scaled back its operations in 2022 to manage costs.

Market Implications

Industrial experts indicate that Amazon is optimistic about consumer spending levels, driving its expansion in key logistics regions across the UK. 

The Golden Triangle also remains a prime location for distribution hubs due to its central connectivity and proximity to major urban centers.

If finalized, Amazon’s deal at Symmetry Park Kettering would reinforce its dominance in the UK logistics market and signal continued confidence in the sector’s long-term growth.

RECENT NEWSLETTERS
View All
15% of Maturing CRE Loans Too Hard to Refinance
December 10, 2024
READ MORE
Assessing Trump’s Policy Impact on CRE Construction
December 9, 2024
READ MORE
Black Friday Signals Return of In-Person Shopping
December 6, 2024
READ MORE
November Apartment Rents Drop 0.4% as Seasonal Trends Take Hold
December 5, 2024
READ MORE

podcast

No CAP by CRE Daily

No Cap by CRE Daily is a weekly podcast offering an unfiltered look into commercial real estate’s biggest trends and influential figures.

Join 65k+
  • operators
  • developers
  • brokers
  • owners
  • landlords
  • investors
  • lenders

who start their day with CRE Daily.

The latest news and trends in commercial real estate delivered to your inbox. Get smarter about what matters in just 5-minutes or less.