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Gloucestershire Business News

Bristol’s largest available logistics building let by Alder King

Gloucester-based Alder King has successfully advised on the letting of the largest available logistics building in the Bristol area.

Titan, a newly refurbished 255,686 sq ft distribution warehouse in Yate, has been let to Graphic Packaging International (Graphic Packaging).

Graphic Packaging's Bristol operation manufactures packaging for the world's largest beverage brands. It has been based at its site on Filwood Road in Fishponds in the city for over 100 years, but the site has reached the end of its economic life.

The relocation later this year will allow Graphic Packaging to retain its current workforce and make a significant investment in new plant and machinery. The move will also create around 90 new jobs.

Martin Sheppard, general manager, Europe and MENA for beverage packaging at Graphic Packaging, said: "We have a long and successful history of operating in Bristol, which we were determined to continue. We are therefore delighted to have secured such an excellent new facility which will provide an enhanced and conveniently located working environment for our staff."

Andrew Ridler, head of industrial and logistics agency at Alder King, said: "Demand for this prime logistics building was strong from a variety of occupiers, due to its size and proximity to the motorway network. It's fantastic news to have secured the letting to Graphic Packaging, facilitating the expansion of one of Bristol's longest established manufacturing businesses."

The site is owned by Mileway, the largest owner of last mile logistics real estate assets in Europe, managing more than 1,800 properties across 10 countries.

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