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Industrial/Warehouse News
James Richards and Hannah Bailey of CWC Group are pictured with their agents Tim Gilbertson of FHP and Ranjit Gill of Savills at Castlewood Business Park, the East Midlands foremost distribution and production location at Junction 28 of the M1 where construction has commenced on the speculative development of a 72,000ft² warehouse or production unit.
To be constructed by Roe Developments, this prime location has seen over 1.5 million sq ft of space built already, making Castlewood the place to be on the M1 Corridor in the East Midlands.
CW72, the latest addition to the site which will be ready for occupation in Q2 2019, will augment the site still further and provide a rare example of speculative development in the East Midlands.
Tim Gilbertson commented:
“Our client’s proactive approach here needs to applauded. We have had great success over the years on this site with any number of high profile distribution and manufacturing occupiers on site where bespoke units were created. Whilst we still have over 30 acres of land left for bespoke development for occupiers to purchase or rent, our clients are also speculatively building this fantastic warehouse or industrial facility which will be available to buy or rent with occupation offered in Q2 2019.
As we suggest, the site is looking good in the sunshine but the building will look even better once completed early next year.
As agents for the scheme, we would be delighted to hear from any potential occupiers looking to buy or rent this superb building and to discuss in detail or alternatively to consider bespoke built space elsewhere on the business park where we can accommodate buildings from as little as 15,000ft² upwards.”