Amazon is looking to strike a deal for a major distribution hub in Kettering, CoStar News can reveal.
Market sources say the e-commerce giant is in talks with Tritax Big Box for a 1 million-square-foot warehouse next to the A14, where it wants to develop a build-to-suit unit. Plans for the scheme show 04 Unit has the capacity to accommodate around 1.1 million square feet of industrial.
CoStar News understands that Amazon's Kettering requirement is one of a number that are active, with the retailer also looking for considerable space in Bristol, after confirming plans for a £500 million fulfilment centre in Northampton in May, first tipped by CoStar News.
The e-commerce brand would be the third significant tenant at Tritax's Kettering scheme, where bakery brand Greggs is building a 311,551-square-foot of logistics hub, Unit 01. Tritax is also seeking planning permission for an additional 100,000 square feet for Greggs.
Iron Mountain, a US-based data centre storage provider, also occupies a 313,000 square feet at Unit 02 on a 15-year lease, agreeing its deal last year. BNP Paribas Real Estate, Cushman & Wakefield and DTRE are leasing advisers at the scheme.
According to Tritax Big Box's website, Symmetry Park Kettering spans 136 acres and has outline planning permission for 2.3 million square feet of logistics space. The park is a 21-minute drive to the M1-M6 interchange.
Amazon's talks for another major hub in the Golden Triangle show its appetite to expand its operations across the UK and more widely after it curtailed its growth in spring 2022 as part of an attempt to reduce operating costs. It already has 1 million-square-foot plus hubs in Northampton and Coalville, Leicestershire as well as numerous others around the area.
Industrial experts have said Amazon has a number of requirements in the UK, with the business feeling more optimistic about consumer spending levels following reduced activity over the last couple of years.
Amazon and Tritax Big Box were approached for comment. DTRE and Cushman & Wakefield declined to comment.