Trebor Developments and partner, Hillwood, have agreed terms with a specialist European logistics provider for the letting of 12,206 sq ft at The Ridge following practical completion of Phase One in January 2021.
The unit will have offices installed and will be fully fitted out by the occupier to their specification. One further unit remains as part of the first phase totalling 51,321 sq ft which provides new build industrial accommodation ready for immediate occupation, albeit with very strong interest.
Phase Two consists of a 100,060 sq ft unit pre-let, together with two further speculative units of 22,120 sq ft and 47,468 sq ft, which will commence on site in September 2021 and will be available for occupation in Summer 2022.
Greg Dalton, Development Manager for Trebor, commented: “It is always good to see the first deals agreed so shortly after construction has completed and with very strong interest in the remaining existing and proposed units. The commencement of Phase Two following the pre-letting of the largest unit will see further industrial units available in 2022 in an area that continues to suffer from a lack of high quality available product.”
Trebor Developments/Hillwood are represented by M1 Agency (London) and Bidwells.