North East investment for national records management firm with new warehouse
A national records management company has announced that it is investing in the North East as it leases an additional warehouse in the area.
Capita Records Management, which provides outsourced physical document and data services, has announced that it is taking additional warehouse space at Lingfield Point in Darlington.
The new site will increase the company’s warehouse capacity by 20 per cent, bringing its total to almost 400,000 sq ft.
Lingfield Point is owned by Frogmore, who have let the unit to Capita for an undisclosed amount.
Anthony May, managing director of Capita Records Management, said: “We continue to see strong demand for our record and data services, and our investment in expanding capacity at Lingfield Point will play a key role in growing our business going forward.
“Capita is proud to reaffirm our commitment to this region and its workforce.”
Tim Allibone, director of asset management for Frogmore, said: “Capita’s renewed commitment is testament to Lingfield Point’s great location, onsite facilities and cost‐ effective accommodation.”
David Swan, director of Mottisfont Capital, asset manager for Lingfield Point, said: “Darlington is currently attracting a great deal of attention thanks to the Northern Economic Campus which is a fantastic opportunity for the area.
“We continue to see considerable interest from potential tenants as demand for good quality industrial and office accommodation continues, as we ease out of lockdown and businesses begin to ramp up their operations.”
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