Tritax Big Box buys Ocado distribution site for £92m
Logistics real estate investor Tritax Big Box has bought a distribution facility at Birch Coppice Business Park near Birmingham. The business park occupies a prime spot in the logistics ‘Golden Triangle’ and is the home of another facility the company bought from Euro Car Parts in October 2016. This newest Tritax Big Box site is a 700,000 sq ft logistics hub that was purpose built for Ocado in 2012 and serves both Ocado and Wm Morrison Supermarkets’ online retail businesses. Birch Coppice Business Park is one of the country’s premier rail-connected distribution hubs, with direct access to the Birmingham Intermodal Freight Terminal and close proximity to the M1, M5 and M6, as well as Birmingham International and East Midlands airports. The deal is worth £92m.