The joint venture behind a new Nottinghamshire industrial and warehouse development has reported that the units are selling fast.
The partnership between Chancerygate and Hines has said that it has pre-sold almost a quarter of its 18 unit, 156,812 sq ft Trent Gateway scheme in Beeston.
As well as selling a 4,877 sq ft unit to Midlands-based Eden Tyres & Servicing, the JV has sold three units totalling 25,099 sq ft to private investors.
One of the units, consisting of 13,003 sq ft, will be occupied by gym equipment companies Indoor Sport Services and Again Faster.
Trent Gateway forms part of the former Siemens Communications site and offers freehold and leasehold units ranging from 2,644 sq ft to 36,339 sq ft. Construction is scheduled to complete by the end of this month.
Mark Garrity, development director at Chancerygate, said: “The level of interest in Trent Gateway has been consistently high since even before work started on the site.
“These pre-sales are testament to the high quality of the accommodation and its excellent location.
“Interest in the remaining units is high and we look forward to continuing discussions with potential occupiers looking to take advantage of such an attractive opportunity.”
Greg Cooper, Hines Ƶ director of industrial and logistics, said: “Our joint venture with Chancerygate goes from strength to strength, with our portfolio of prime industrial space representing around one million square feet.
“Our leasing success at our developments across the Ƶ demonstrates the growing demand for high quality, well-located industrial and logistics space.”
FHP and Innes England are joint letting agents for Trent Gateway. FHP advised Chancerygate on all four of the pre-sales and all values relating to the sales are undisclosed.
