The Mayor of London has announced plans to redevelop 86 acres of industrial land owned by the Greater London Authority (GLA) in the east of the capital.
Boris Johnson said SERGO has been chosen to develop the site in the largest deal of its kind between the public sector and a private land developer in London.
The mayor added that: "London's population is at a record high and people are increasingly looking to the east as a place to live and work.
"We are already working hard to build the houses that people need, so I am delighted to welcome SEGRO aboard to help create the jobs.
“This site has bags of potential and I can see it becoming one of the most sought after addresses for industry, whether large or small."
The sites, collectively known as East Plus, span Newham, Barking & Dagenham and Havering.
David Sleath, SEGRO Chief Executive, said: "We are delighted to have been selected as the exclusive development partner to the GLA to enable the redevelopment of one of London's most important industrial areas.
"We have the commitment, expertise and knowledge to help the GLA meet the needs of a growing population and deliver one of the most sustainable and attractive industrial areas in London and the South East, as well as creating over 6,500 jobs across a range of sectors.
SEGRO estimates that East Plus can support around 1.4m square feet or new urban space.
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