Industrial site nears completion
Monday 25th June 2007, 11:02AM BST.
North-West-based commercial property investors and developers Northern Trust say work on their industrial development at Cedar Court, Telford, is on target for completion in September.
Cedar Court is located on Halesfield 17, one of Telford’s principal business locations. The development will comprise 21 units totalling some 55,166 sq ft of industrial, warehouse, and workshop space laid out in three blocks.
The site at Halesfield 17 was acquired from English Partnerships, and once completed will provide a range of modern units from 1,077 to 4,582 sq ft designed to meet the needs of small and medium enterprises.
Mike Grindrod at Northern Trust said: “The Borough of Telford and Wrekin is a major growth point for the West Midlands region. Since the early 1980s more than 4,000 companies have located within the area, the majority of which are small and medium sized enterprises.
“Northern Trust is committed to improving the prosperity of both the borough and its people. By creating a range of modern industrial workshop/warehouse units in sizes to suit the needs of local and regional operators looking to relocate we are confident that Cedar Court will prove a huge success.”
Northern Trust has a proven track record in developing and investing in new industrial units and office parks throughout the Midlands and North of England, with a substantial property portfolio in excess of eight million sq ft in c 3,200 units, of which 1.2 million sq ft and 816 units are in the Midlands.
The majority of this portfolio has been acquired in recent years and continued expansion is ongoing through further acquisition and development.
Joint agents for the scheme are Whittle Jones, Midlands (0121) 5232929 and Bulleys (01952) 292233)
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