Walker Morris advises on £59 million distribution hub for TK Maxx

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Specialist construction lawyers at Walker Morris have advised Caddick Developments Limited on a 635,000sq ft distribution hub for TK Maxx.

Walker Morris Construction partner, Tom Peel, advised Caddick Developments Limited on the construction aspects of the lease to Tritax Big Box REIT with a forward sale value of £59 million.

Tritax Big Box REIT, which specialises in large industrial units, will develop the facility in Knottingley, near Wakefield. It is being developed by Caddick and construction is scheduled to be completed in January 2017. TK Maxx has signed a 20-year lease for the property.

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