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Padrock submits plans for £120m, 245,000 sq ft Grade A urban MLI and logistics development in Elstree, Herts

Summary by BDC Magazine
Specialist logistics developer Padrock has submitted plans to speculatively develop a 245,000 sq ft Grade A urban multi-let industrial (MLI) and logistics development in Elstree, Hertfordshire. The proposed scheme will comprise 13 units ranging from 10,500 sq ft to 130,000 sq ft and have a gross development value of around £120m. The 17-acre brownfield site was acquired by Padrock in March this year and is located adjacent to the established Cen…
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BDC Magazine broke the news on Tuesday, June 23, 2026.
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