Tees advises Ziegler UK Limited on new large scale warehouse
Tees has advised a leading global logistics service provider on the new lease of a super hub at DP World’s London Gateway Logistics Park, the c. 500,000 square foot area consists of a huge warehouse and office space; a deal where the rent over the term of the lease will exceed £50m.
The move marks a significant milestone in Ziegler’s journey to reshape the landscape of multimodal freight logistics, allowing them more space to manoeuvre their road, air, and ocean freight business.
A spokesperson at Ziegler UK Limited, said: “Ziegler utilised the legal expertise of Tees Law. Headed up by Kay Piper, the acquisition of their services ensured a smooth transaction and they come highly recommended.”
With 55,000 pallet racking spaces, an optimised loading dock, and 37 docking bays, the landmark move was aided by Tees Law’s Commercial Property team to ensure the business is now able to herald a new era and raises the bar for efficiency in freight and logistics.
Kay Piper, Partner of the Commercial Property team, commented on the large-scale warehouse lease: “I am delighted to have advised Ziegler UK Limited in relation to their move into significantly larger premises at DP World’s London Gateway Logistics Park.
The matter involved a complex and lengthy Agreement for Surrender and Lease, which included provisions for both landlord’s and tenant’s works and the subsequent determination of the annual rent, along with the usual negotiation of the lease and ancillary lease documentation, such as a Licence for Alterations.
Throughout the transaction, it was important to ensure Ziegler’s excellent relationship with their landlord was maintained, in addition to keeping to a tight timescale and carrying out all necessary due diligence. This is an important, positive step for Ziegler’s business, and I am pleased to support and assist them on their journey.”
The expansion for Ziegler means a local community recruitment drive will soon ensue, with a variety of roles on offer across different areas of the business, helping to bolster the area’s economic landscape.
Kay Piper is a highly experienced commercial property solicitor, acting for a wide range of clients and with a breadth of knowledge across all types of property transactions, including leases, development acquisitions and sales, re-financing, multi-use buildings and general sales and purchases.
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Chat to the Author, Kay Piper
Partner, Commercial Property, Bishop's Stortford office
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Legal 500 UK 2024
Beds, Bucks, Herts
Kay Piper's knowledge is very valuable. The confidence given by her understanding of our sector is invaluable, whether in land purchase or other estate issues.
Legal 500 UK 2024
Beds, Bucks, Herts
Kay Piper is an excellent communicator and a tenacious, problem-solving conveyancing solicitor.
Legal 500 UK 2024
Beds, Bucks, Herts
Kay Piper can combine technical expertise with clear, pragmatic advice, helping a non-lawyer to navigate legal options. She has an eye on the negotiating dynamic. Kay is second to none. Her efficiency is noticeable, and we have always valued her advice.
Legal 500 UK 2023
'I have worked with Tees Law partner Kay Piper for years now. She has prepared and helped me with all the legal aspects of buying properties, freeholds and building disputes and I cannot recommend her service and work more highly. She is thorough, insightful and her work exudes confidence and expertise'
Richard
London
Thank you for all your advice and work on the sale of the flat. As ever, you were a calm, reassuring and knowledgeable presence throughout the entire sale process. Our estate agents also praised you several times for your efficiency and promptness of response.