Trebor acquire Plot 7 at Hortonwood West, Telford
Trebor Developments, in conjunction with their strategic partner, Hillwood, have agreed terms to acquire a 3.30 acre site in Telford, located at Hortonwood West, one of Telford’s most successful development locations. A speculative industrial unit of 70,540 sq ft will be implemented, commencing on site in 2019, providing the only quality new industrial building of this scale within the Telford area. The development is being marketed as “ORE 70”.
Planning has now been granted, the building will be available on a leasehold basis to meet occupier demand in Quarter 2 2020. The site is being acquired from Homes and Communities Agency in conjunction with Telford and Wrekin Council.
Bob Tattrie, Managing Partner for Trebor, commented, “We are excited to bring forward another Midlands industrial, speculative, development of this scale in the Telford region, given the lack of quality industrial accommodation to meet occupiers’ needs in this area. As the site is fully serviced and ready to develop, we will be bringing forward delivery on our fast track basis to allow occupation during 2019 and will be offering competitive leasehold terms to occupiers”.
Trebor/Hillwood are represented by Bulleys, Telford and Wolverhampton offices, and Lambert Smith Hampton, Birmingham office.