Tritax Symmetry to deliver major logistics building in south Yorkshire
Logistics development firm Tritax Symmetry is to speculatively build a 132,750 sq ft logistics facility on the last remaining plot at Symmetry Park Doncaster.
Symmetry Park, which is located at Junction 34 of the A1 (M), is a £70m industrial and distribution scheme being delivered by Tritax Symmetry.
The developer has committed to deliver up to 721,000 sq ft of logistics space on the site.
Tritax Symmetry has a land portfolio of 4,150 acres, capable of accommodating 40 million sq ft of logistics space in the UK.
The company said that due to market demand it has committed to a speculative build programme of units totalling over 2.4 million sq ft during 2022.
Simon Dixon, development director at Tritax Symmetry said: “We are pleased to commit to the speculative delivery of the last remaining plot at Symmetry Park Doncaster.
Read more
“We have identified strong ongoing occupier interest in the region and our deals with B&Q, Butternut Box and Euro Garages are testament to the site location right off the A1 (M) and directly opposite Blyth Services, with high visibility and great accessibility from both sides.
“Having a site with infrastructure already enabled and detailed planning consent in place allows us to react quickly to market demand with a premium, bespoke and highly sustainable new premises in this prime logistics location.”
The Leeds offices of Savills, Dove Haigh Phillips and Colliers International are representing the development.
Simon Dove, Partner at Dove Haigh Phillips, said: “This commitment from Tritax Symmetry to speculatively deliver the third and final unit, offering over 132,000 sq ft is testament to a very strong occupier market.
“In particular for this location which has become a hot bed for industrial and distribution businesses, not least because of its direct access to the motorway.
“The new unit will have over 250 metres direct frontage to the A1(M), giving major brand prominence for any occupier, with a market leading specification and full infrastructure already in place. Symmetry Park has an unrivalled USP with the ability to provide up to 8MW of power, future proofing the entire site.”
The post Tritax Symmetry to deliver major logistics building in south Yorkshire appeared first on Motor Transport.