The specialist in chilled goods logistics has expanded into a new head office and distribution centre at a building owned by the COIF Charities Property Fund.
Romac has rapidly expanded since being founded in Manchester in 2018, offering warehousing and national distribution for UK food and drink manufacturers and major retailers.
The move, which consolidates two smaller locations and head office operations into a unit at Finlan Road on the industrial estate, adds an 80,000 sq ft temperature-controlled warehouse to the company’s portfolio, aling with 11,000 sq ft of office space.
Although terms of the deal are undisclosed, a spokesman told Place North West that the deal has been agreed on a long-term basis.
The building sits in an 8.5-acre site and is close to junction 20 of the M62.
Property consultancy Gent Visick advised Romac Logistics and negotiated the leasehold acquisition. The site was marketed by BC Real Estate on behalf of CCLA, fund manager for the owner.
The deal signals a strong end to the year for the North West industrial sector, which has seen huge levels of take-up in 2020, with 1.4m sq ft transacted in Q3 alone.
Rob McAdoo, managing director of Romac, said: “At this stage in our growth it was important to evolve our service offering whilst taking stock of our infrastructure. In consolidating we will deliver an abundance of efficiencies that will ultimately benefit our customers.
“The new facility also provides us with a fantastic office space. This will further enhance the level of service our customers enjoy and give us space to grow as we embark on our next phase of expansion.”
John Barton, partner at BC Real Estate, said: “This unit meets a very high standard, within a mile of the M62 and in an established industrial estate, surrounded by well-known businesses, so we generated high levels of interest in it from a wide range of potential occupiers.”
Romac now operates more than 200 tractor units and approximately 350 trailers throughout the UK, with bases in Leeds, Bolton, Doncaster, Avonmouth, County Durham, Wednesbury, Southampton, Northfleet, Bridgend and Peterborough.
Stakehill sits eight miles north of Manchester city centre, between the M60 orbital and the M62.