Highcross signs Movianto to 79,000 sq ft Knowsley warehouse

Healthcare logistics supplier Movianto has become the new tenant of The Rack, a 79,263 sq ft industrial warehouse at Deacon Park in Knowsley.

Movianto agreed a ten-year lease with landlord Highcross at £3.75/sq ft on the five-acre facility.

Phil Morley, from joint agents Jones Lang LaSalle, said: "Movianto's relocation and expansion from its existing site in Haydock to Knowsley was helped by not only the excellent access to the M57 and M62, but also the semi-skilled labour force which is readily available in the area."

He continued: "Despite the current economic climate a letting of this size illustrates that demand remains from industrial companies who are still actively looking to relocate, expand or consolidate their business."

Highcross also has a 457,000 sq ft warehouse, known as The Big Rack, available either as whole or subdivided units.

Deacon Park is located on the intersection of the M57/A580 East Lancs Road and forms part of the 1,200-acre Knowsley Industrial Estate.

Joint agents for Highcross are Jones Lang LaSalle, CB Richard Ellis and Edward Symmons. Movianto represented itself in the deal.