Yusen Logistics has taken a 10-year lease from commercial property specialist Onward Holdings for a refurbished warehouse at the Cross Green Industrial Estate in Leeds.
Part of the Mitsubishi Group, Yusen is expanding in the UK to meet demand from the rapidly growing e-commerce sector.
It will be using the warehouse space for vehicle and other spare parts distribution, as well as potentially providing a 3PL service for other East Asian companies based in the UK.
The upgraded facility, located just over a mile from Leeds city centre, features a modern dedicated distribution unit with offices within easy reach of the motorway network.
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It offers Yusen Logistics approximately 73,238sq ft of secure warehouse space, 12m to the eaves, and a 12-dock loading and despatch area with 15 trailer parking bays. It has capacity for storage of up to 10,000 pallets in block stack or rack configuration.
Onward Holdings' director, Neil Storey, said its warehousing investment has paid off, bringing much-needed business to the area: “We are actively looking for further properties, and land suitable for development, in Yorkshire to add to our portfolio,” he added.
Onward Holdings also supplies value-added services, including 3PL managed warehousing, pallet storage, container emptying, order picking and reworking – all controlled by its managed warehouse system. Suitable for both durable cargo and ambient food storage, long and short-term leases are available.