Press
NORTHERN TRUST ACQUIRES 16,580 SQ FT MULTI-LET INDUSTRIAL ESTATE IN DARLINGTON
23rd May 2019
Northern Trust is pleased to announce that it has acquired a multi-let industrial estate at Forge Way in Darlington.
The estate covers 16,580 sq ft and comprises 8 units arranged in a single terraced block. Individual unit sizes range from 1,500 sq ft up to 3,800 sq ft. The estate is situated within Cleveland Trading Estate, less than a mile north of Darlington town centre and close to the A167 main arterial road.
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 300,000 sq ft through new acquisition and development. Forge Way offers good quality industrial space in a strategic location, complementing our existing portfolio across County Durham, and is part of our on-going strategy to acquire / develop multi-let industrial assets to support the SME business community in the area.”
The estate will be actively managed by Northern Trust’s in-house surveying practice Whittle Jones Asset Management. For current availability or to arrange a viewing please contact Whittle Jones North East on 0191 221 1999 or email Yorkshire@whittlejones.co.uk
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