A growing Sunderland industrial park is set for expansion with the creation of four new warehouse units.
The scheme will be built at Turbine Business Park, a 43-acre business park which is already home to automotive firm Vantec’s 422,000 sq ft warehouse facility.
In all, 168,000sq ft of space will be created on an 8.6-acre site, in units measuring 20,000sq ft, 29,000sq ft, 50,750sq ft and 68,250sq ft, at the junction of the A19 and A1231 Sunderland Highway.
Read more: find more industrial news here
The industrial agency teams at HTA Real Estate and Avison Young in Newcastle have been appointed by Copley Point Capital to market the four high specification warehouses to draw in new tenants.
Construction started last week and the units are set for completion in September next year. The units are to a high specification with up to 10m minimum eaves height, secure yards and a good level of offices and access doors.
The units will have a BREEAM rating of very good and an EPC rating of A, providing typical energy savings of around 70% compared to a similar building from the 1980s or 1990s.
The property agents said Turbine Business Park’s position and recent investment announcements, including Nissan and Envision AESC’s £1bn plan to produce a new generation of electric cars alongside a new gigafactory to produce its batteries, make it an ideal choice for a potential tenants.
Most Read
They said the scheme will provide some much needed industrial and warehouse space to help address the current demand/supply imbalance. Nearby occupiers include ASDA, Amazon, Nissan and several Tier 1 suppliers.
There is also scope for potential occupiers to be involved in the design, especially in the early stages of construction.
Simon Hill, director at HTA, said: “We are delighted to be appointed on this high-quality industrial scheme located in a prime industrial area.”
Danny Cramman, director Avison Young, said: “Turbine Business park is located in an excellent location to benefit from both the growth in the logistics market and Nissan supply chain.”