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Realterm brings Warrington and Long Eaton industrial warehouses to the market

14 03 22 Realterm brings Warrington and Long Eaton industrial warehouses to the market hero

Realterm, a vertically integrated owner and manager of high flow through (HFT) logistics facilities serving the transportation industry, has instructed Colliers and LSH to let two warehouses in Warrington (257,319 sq ft) and Long Eaton, Nottingham (261,904 sq ft).


Warrington

The freehold Warrington unit, WA257, located three miles east of Warrington town-centre in a prime North West logistics location, Hardwick Grange Industrial Estate, was recently purchased by Realterm from Marks & Spencer through a sale and leaseback. Marks and Spencer is due to vacate in the summer of 2022 when the unit will then be available for a new occupier.

Hardwick Grange Industrial Estate benefits from a thriving regional economy, access to a plentiful labour supply and direct links to the UK’s major distribution locations including Manchester, Liverpool and London. Other notable occupiers in the vicinity include Iceland, FedEx and Bunzl.

The industrial property itself retains favourable amenities including 27 dock level loading doors; 30 HGV space; 250 visitor and employee car parking spaces, and two-storey ancillary office and amenity space.

Long Eaton

Strategically located to the south of Long Eaton Town,  the East Midlands’ Bigbox warehouse, EM262, is currently being refurbished and will be available for occupation from June 2022.

It is 3.5 miles from Junction 25/M1 and 4.5 miles from Junction 24A/M1, providing immediate access to the national motorway network. The property is closely connected to Nottingham, Derby and Leicester, offering the new owners access to a local labour supply.

The Long Eaton industrial space is situated in an established commercial area, surrounded by high profile developments and occupiers including SEGRO Logistics Park; East Midland Gateway; East Midlands Distribution Centre; Amazon; Aldi;; DHL amongst others.

Facilities at the property include 32 dock level loading doors; 33 HGV spaces;18 tractor spaces; 225 visitor and employee car parking spaces and two-storey ancillary offices.

John Sullivan, Head of the Manchester Industrial and Logistics team at Colliers commented: “The North West and East Midlands mirrors the phenomenal past few years of record breaking performance of the wider UK industrial and logistics market in terms of pent up demand, occupier take-up and constrained supply. We’ve also witnessed a surge in prime rental values, fuelled by accelerated structural changes triggered by the pandemic. In particular, big-box investor demand has continue to soar.

“With the industrial and logistics sector continuing to be the most defensive commercial property sector since the outbreak of the Covid-19 pandemic, this trend is set to continue. Realterm’s units offer the market some much needed good quality stock in both the North West and East Midlands markets and will be very well received."

Balazs Lados Managing Director, European Fund Manager, at Realterm added: “The properties are advantageously located in the heart of the regional motorway networks and are a tremendous addition to our European portfolio and support our strategy to acquire the best final mile investments in key marketsellers.”

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Related Experts

John Sullivan

Director

Industrial and Logistics

Manchester

I joined Colliers International UK in Sept 2016 as a Director to head up the Manchester, Industrial & Logistics team, which consists of 4 people coverging the whole of the North West.

I became chartered in Dec 2004 and have of over 17 years experience in the Industrial Agency market and previously worked in the industrial agency teams of Matthews & Goodman,  Knight Frank and Lambert Smith Hampton (Where I was head of department from 2014 - 2016) in their Manchester Offices.

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Hannah Zitren

Associate Director

Marketing & Communications

Manchester

I am responsible for media relations and generating coverage in top tier broadcast and print media. I work across a range of Colliers’ UK & Pan-EMEA business lines advising on their strategic and tactical PR needs.

My role includes:

·         Developing and executing PR plans for the various business lines to help promote their key messages across all aspects of the media - print, broadcast and social.

·          Media evaluation and reporting objectives, targets and successes across the business.

·         Reputation management and crisis management.

·         Media training.

·         Media engagement: setting up meetings with top tier media and various internal spokespeople to continuously expand and build a presence with property and vertical media network.

·         Consistently delivering service excellence, meeting with business heads of a regular basis and trying to influence the research as much as possible to ensure our content has a strong enough news hook.

·         Key campaigns that I work on include MIPIM; MAPIC; REVO; Midsummer Retail Report; IHIF; Cities of Influence in addition to a host of all alternative property sector research reports.

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