The third party logistics provider has acquired The Rack, a 79,263 sq ft self-contained warehouse facility in Deacon Park, from PCT Healthcare.
Situated within Knowsley Industrial & Business Park, the single-storey detached facility provides 74,178 sq ft of warehousing space, with 5,085 sq ft of offices and ancillary accommodation.
B8 Real Estate and WT Gunson are joint agents for The Rack. Colliers advised Denholm UK Logistics.
John Sullivan, director at Colliers, said: “The facility at Deacon Park provides the ideal setting for Denholm UK Logistics to service customers across a range of markets including timber, steel and FMCGs, nationwide.
“This latest acquisition expands Denholm’s capacity in the region to over 1 million sq ft of warehousing space and is in line with their growth strategy to meet the ongoing demand for warehouse solutions in the UK.”
Martin Hall, managing director of Denholm UK Logistics, added: “Purchase of the Knowsley warehouse forms part of Denholm UK Logistics’ recent programme of strategic investments.
“Combined with enhanced recruitment and upgraded e-commerce infrastructure, our expanded warehouse capacity will help us continue to provide uninterrupted service and support to our customers as their requirements rapidly evolve.”