Press
NORTHERN TRUST ACQUIRES BRIGHOUSE BUSINESS VILLAGE IN MIDDLESBROUGH FOR £2.85 MILLION
21st February 2025
Northern Trust Company Ltd is pleased to announce the acquisition of Brighouse Business Village in Middlesbrough for £2.85 million. The multi-let industrial estate comprises 41,224 sq ft across 29 units, offering a range of unit sizes from 729 sq ft to 3,815 sq ft. The estate is strategically located adjacent to Northern Trust’s existing Collingwood Court and nearby Harwood Court schemes, within the Riverside Park Industrial Estate area, on the South Bank of the River Tees, approximately 1 mile north of Middlesbrough Town Centre.
The addition of Brighouse Business Village enhances Northern Trust's established portfolio in the North East, which now totals over 3 million sq ft across more than 1,300 individual units, with assets located throughout Northumberland, Tyne and Wear, County Durham, and Teesside.
Jonathan Houghton, Property Portfolio Executive at Northern Trust, commented, “We are delighted to have completed the acquisition of Brighouse Business Village, which comes on the back of Northern Trust’s recent acquisition of South Nelson Industrial Estate in Cramlington. Brighouse Business Village's prime location supports the needs of local businesses and complements Northern Trust’s existing ownership in the area, enhancing the flexibility and scale of business space available to new and existing tenants.”
Brighouse Business Village benefits from excellent transport links, including immediate access to the A66, providing connectivity to the A19 and A1(M), and is within close proximity to Middlesbrough's rail and port facilities.
Steven Porter, Regional Property Manager for Northern Trust's North East region, added, “Brighouse Business Village is an ideal addition to the portfolio, with its wide range of unit sizes providing us with an excellent opportunity to further support the needs of local businesses looking for flexible space. Its proximity to Collingwood Court and Harwood Court creates a synergy that strengthens our market position and enables us to better support the growth of our tenant base. We look forward to managing and developing relationships with the existing occupiers on the estate.”
Northern Trust remains committed to expanding its presence across key strategic locations, providing high-quality business space. Northern Trust’s current portfolio across the UK extends to 9 million sq. ft. in over 4,000 units and supports over 25,000 jobs. For more information, please visit www.ntproperties.co.uk .
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