Trebor Developments have exchanged contracts with Telford and Wrekin Borough Council and Homes England to acquire Plot 11E at Hortonwood, Telford, extending to c5.4 acres and concurrently entered into an Agreement to Lease a new development on the site to DHL of circa 55,000 sq ft plus extensive external areas.
A planning application has already been submitted for the development and subject to consent, work on site will commence in Summer 2022, creating a wide number of new jobs in Telford.
James Drew, Development Director, at Trebor commented: “We are delighted to have concluded contracts with the Homes England and the Local Authority to purchase this well-located site, close to the development we completed in Hortonwood last year, which is now let to UPS. We look forward to delivering DHL’s new facilities and extending our relationship with them, having let them our “Atomic”, Rotherham, development in 2020.”
Trebor were represented by LSH and Bulleys agents.
Trebor Developments have a pipeline of industrial developments being delivered across the UK over the next two years, in excess of 6 million square feet.
