Michelin commissions new distribution centre in Stoke

London – Michelin has recently signed a contract with LondonMetric Property to build a 137,000 sq ft distribution centre in Stoke-on-Trent, UK, according to the property company

The deal with the tire manufacturer covers a 15-year lease at a rent of £5.35 per square foot, LondonMetric said in a financial document listing its current projects under development

The project is expected to be completed by the end of this year, with 17 Dec set as a target date, noted the 23 March statement.

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