Trammell Crow Co. acquires first site in U.K.

Trammell Crow Co. (TCC) has acquired a prime 19.4-acre site in Milton Keynes, England, to develop three class A speculative logistics buildings totaling approximately 340,000 square feet.

“I am delighted that the first TCC European purchase is under our belt, which demonstrates our firm’s commitment to the European market,” said Ian Worboys, head of European logistics for TCC.

The site at Merton Drive was home to the former Arcadia Distribution Centre. Construction is expected to begin in second quarter 2022 with an expected completion date of second quarter 2023.

“This is a unique opportunity, and we are extremely pleased to acquire our first site in Europe having only entered the market a few months ago. This important acquisition demonstrates our ability to identify and close prime opportunities quickly, in order to facilitate the rapid planned expansion of our European development program,” said Mike Forster, director and head of U.K. logistics for