100% occupancy achieved at Bentall Business Park
Logicor’s Bentall Business Park in Washington is now fully let with two new leases recently signed on the three remaining industrial units.
Units 13 and 14, totalling 12,000 sq ft have been let to K&G Distribution as a new depot for its expanding business based in the North West of England. Unit 12, comprising 7,100 sq ft has been occupied by SIA Automotive, a Nissan supplier which required additional space.
Bentall Business Park was let by joint agents Naylors Gavin Black and Cushman & Wakefield.
Richard Phillips, portfolio director at Logicor, said: “Bentall Business park is one of the largest assets within Logicor’s multi-Let Industrial portfolio.
It has truly been a great team effort from our fantastic agents Richard Scott of Cushman & Wakefield and Chris Donabie of Naylors Gavin Black to secure these new tenants.
“Richard and Chris will remain as our retained agents at Bentall and are also appointed to market our scheme on South West Industrial Estate in Peterlee.”
Scott added: “These deals, bringing the estate to 100 per cent occupancy, underline the strength of the North East industrial market despite macro-economic uncertainty as well as the continued demand from businesses looking to expand in the area.”