End-to-end supply chain specialist, Torque Retail Services Limited, has agreed a deal on its largest warehouse to date, at Wakefield Europort in West Yorkshire, to support continued growth and new client wins.
The company has signed a 15-year lease on a 398,186 sq ft fully fitted distribution warehouse, California 400, its second logistics facility at Wakefield Europort. CBRE’s industrial team in Leeds acted jointly with Carter Towler on behalf of Copley Point.
The expansion allows the company to further strengthen its infrastructure, increasing capacity and flexibility to meet growing demand. Torque started from modest beginnings in Bramley, West Yorkshire in 1991 and now operates in seven locations with nine warehouses and more than 1,600 employees.
Mike Baugh, executive director, industrial & logistics at CBRE, said: “This is a significant deal for the Yorkshire region, and provides our client with the capability to accommodate its growing customer base.
“Delivering this outcome within the agreed three-week timeline is a credit to both parties and reflects their execution speed and efficiency. California 400 is well-positioned at Wakefield Europort, one of the North’s major distribution hubs, so it is ideally placed to serve Torque’s continued expansion plans.”
Guillaume Savoie-Coulonval, managing director, Copley Point, said: “We are delighted to have secured Torque at California 400 on a long-term lease and to have delivered on the compressed timeline. It has been a pleasure to work with CBRE & Carter Towler, and we look forward to working together again soon.”
Stewart Firth, head of operations at Torque, said: “This was the quickest and largest lease we have ever done, it was a pleasure working with Copley Point.”
