Trebor/Hillwood acquire 25 acre site in Doncaster for speculative industrial development
Trebor Developments and their partner, Hillwood, have entered into contract with Lazarus Properties to acquire a 25 acre site at Gateway 4, Doncaster, adjacent to M18 Motorway and are submitting a planning application to speculatively develop a massive 408,000 sq ft facility on the site.
The development will deliver over the next 12 months the largest new build facility of its size in the North of England, targeted at the logistics sector.
The development will be marketed by Trebor/Hillwood as “Gateway 4, Doncaster” and subject to planning approval, work is due to start on site in the summer, for completion in the first half of 2020.
Bob Tattrie, Managing Partner of Trebor Developments, on behalf of the partners, commented: “We are delighted to be acquiring this site from Lazarus Properties and bringing forward such a major transaction in the North East, which adds to our existing pipeline of other speculative industrial schemes currently being delivered including 31 East (Rotherham). We anticipate our current pipeline of schemes in the North East delivering in the order of 1 million sq ft over the next 12 months, in a range of unit sizes.”
Trebor/Hillwood are represented by agents CBRE and CPP.