Trebor agree terms for major industrial site purchase in Ipswich
Trebor Developments have agreed terms to acquire 8 acres of commercial development land from Ipswich Borough Council at Eastern Gateway, Ipswich. The scheme will be marketed as “Access @ Eastern Gateway, Ipswich” and will complement the existing units already developed on site for Amazon and La Doria.
Works will commence on site in Q3 2022, subject to detailed planning consent, and the site will deliver five industrial and logistics units ranging from 10,000 sq ft up to 55,000 sq ft that will be built speculatively. Units will be ready for tenants from Q2 2023 and when built they are expected to create approximately 350 jobs.
Greg Dalton, Development Manager for Trebor commented:
“Ipswich is a key industrial and logistics hub in the east of England which has been a target for Trebor in our push for more development sites in this region as part of our A14 strategy. We’re delighted to have worked closely with Ipswich Borough Council on this latest site acquisition and look forward to investing in much needed new industrial product for this area”.
Cllr David Ellesmere, Leader of Ipswich Borough Council, says:
“This is the latest step in the success story of Eastern Gateway and shows how right Ipswich Borough Council was to take on this site. The additional units will attract new investment to Ipswich and bring even more jobs on top of the 500 already created on this industrial park.”
Chris Starkie, Chief Executive of New Anglia Local Enterprise Partnership, says:
“We’re delighted to see development progressing at Eastern Gateway.
“As one of our Enterprise Zone sites, it has been identified as a key site for commercial development and job creation. Its proximity to the A14, and onwards to Freeport East and to the Midlands, means it is sure to be a desirable location.”
Lambert Smith Hampton and Savills acted on behalf of Ipswich Borough Council on the transaction.