GLi, a joint venture between specialist industrial developer KSP and global real assets investor Patrizia, has achieved practical completion at CR1 – a new warehouse in Croydon.
The CR1 facility is designed to maximise operational cost-efficiency, featuring 100% electric power infrastructure with fully equipped electric vehicle charging points for cars and delivery vans.
GLi reports that the warehouse could offer energy cost savings of £2.82 per ft², the 52,605ft² logistics warehouse aiming to deliver £150,000 in cost-efficiency savings to potential occupiers.
The warehouse offers a 12m clear height offering 50% more volume compared to typical Croydon warehouse, GLi reports, with the potential for a 37,000ft² mezzanine, enabling a 70% increase in operating space.
Chief executive officer at KSP David Johnson said: “This sustainable industrial unit represents a significant leap forward in logistics facility design.
“By prioritising operational efficiency and cost savings, we’re delivering a solution that meets the evolving needs of modern logistics occupiers while supporting local economic growth.”
