Northern Trust (www.northerntrust.co.uk) is pleased to announce that it has added circa 90,000 sq ft of industrial accommodation to its North East portfolio as well as a development site of circa 5 acres.
Units 15A-G, covering 38,890 sq ft and Units 32A & B were recently purchased at Consett, taking Northern Trust’s ownership on the prestigious Number One Industrial Estate to over 460,000 sq ft. Units 15A-G are currently undergoing a substantial refurbishment program and the block is available to let as a whole or in separate units ranging from 5,188 sq ft.
In addition a 40,000 sq ft warehouse unit at 1 Paulsway in Bede was purchased adding to Northern Trust’s substantial holding in Jarrow. The unit forms part of a 5.5 acre site prominently located on the A185 Straker Street, close to its junction with the A19 at the southern entrance to the Tyne Tunnel and provides Northern Trust with opportunities to expand their portfolio further via new development.
For more details please click here to read the full press release.
