Legal & General Property has acquired a 422,000 sq ft cross-docked Waitrose regional distribution warehouse at Matrix Park in Chorley from BA Pension Fund for £50.8m.
Located within easy reach of the M6, M61 and M65 motorways, the property was purpose built for Waitrose in 2012 and is designed to service all of Waitrose’s store operations in the North of England and Scotland. It currently serves 57 stores but has been designed to cater for up to 100.
Chris succeeded the legendary Malory Davies in September 2019 as Editor of Logistics Manager and host of the Supply Chain Excellence Awards. Day-to-day Chris writes about all things supply chain; materials handling and industrial property and is curator of the annual LM Top 50 Service Providers. He has worked as a business journalist since 2002 and his career as a logistics journalist started in 2008. Before joining Logistics Manager, he was Editor-in-Chief for road transport titles at DVV Media International.
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