Prologis UK announces warehouse leasing model

News Story
- 20 Jun 2024 ( #1184 ) - Wellingborough West, United Kingdom
1 min read
Prologis UK says its flexible warehouse offering is a market-first
Prologis UK says its flexible warehouse offering is a market-first

Prologis UK, in partnership with supply chain player Visku, has launched a warehouse-as-a-service offering called Flexxtra.

The logistics property developer says Flexxtra offers agile additional warehouse space to businesses on an as-needed pallet-by-pallet basis.

“Flexibility is something that we know businesses of all shapes and sizes are looking for when they lease warehousing space, especially to help with demand spikes throughout the year,” says Prologis UK’s  capital deployment and leasing director James Hemstock.

“Flexxtra is something we’ve been working with Visku on for quite some time and we’re certain it’ll bring something new – and much-needed – to the logistics property market. We hope to be the incubator space for UK companies’ next big success story.”

The Flexxtra service will be fulfilled at Prologis Park in Wellingborough West in Northampshire in a new building which can accommodate 70,000 pallets and is expected to be able to support between 10 and 30 customers at a time.. 

Prologis UK has appointed Kinaxia Logistics, working alongside Visku and their Pallet Hotel platform to manage inbound receipts, insurance and outbound fulfilment.

Visku will oversee the day-to-day customer management.

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