Press
NORTHERN TRUST ACQUIRES 3 NEW MULTI-LET INDUSTRIAL ESTATES IN YORKSHIRE
12th September 2019
Northern Trust is pleased to announce that it has acquired three multi-let industrial estates in Yorkshire at Rossington near Doncaster, Thurnscoe near Barnsley and Hornsea. The three estates provide a combined floor area over 29,000 sq ft in 26 units with each of the estates situated in close proximity to existing Northern Trust assets.
Lidget Lane Industrial Estate in Thurnscoe provides 10 units with individual sizes ranging from 746 sq ft up to 2,257 sq ft; Bridge Court Industrial Estate in Hornsea comprises 5,018 sq in 4 individual units with sizes from 1,001 sq ft up to 2,009 sq ft; and Bankwood Lane Industrial Estate in Rossington provides 11 units with sizes from 495 sq ft up to 2,003 sq ft
Tom Parkinson, Director at Northern Trust commented “We have been expanding our multi-let industrial portfolio, and in the last 12 months we have added over 250,000 sq ft through new acquisition and development. The three sites in Yorkshire offer good quality industrial space in strategic locations, which complement our existing portfolio across Yorkshire, and form part of our on-going strategy to acquire and develop multi-let industrial assets to support the SME business community.”
The three estates will be actively managed by Northern Trust’s in-house surveying team Whittle Jones Asset Management. The Yorkshire portfolio comprises of 34 assets totalling over 850,000 sq ft of predominantly industrial space in more than 440 units. The assets are located throughout the whole of Yorkshire, as well as Gainsborough in Lincolnshire. For current availability or to arrange a viewing please contact Whittle Jones Yorkshire on 01924 282 020 or email Yorkshire@whittlejones.co.uk
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