Union Square - B8RE Agency Case Study

Union Square

Trafford Park

    • Client:

      CDP Limited / M&G Real Estate

    • Type:

      Speculative High Bay Warehouse

    • Size:

      175,000 sq ft

Key Info

Short Summary

As a result of the lack of brownfield development opportunities within Trafford Park, B8 Real Estate identified an obsolete production facility with a short lease expiry and advised CDP Limited on the acquisition and subsequent lease surrender.

Discover More

As a result of the lack of brownfield development opportunities within Trafford Park, B8 Real Estate identified an obsolete production facility with a short lease expiry and advised CDP Limited on the acquisition and subsequent lease surrender.

The site of approximately 9 acres was initially marketed for D&B opportunities but following the resurgence in the high bay warehouse market and shortage of suitable stock, we identified Union Square as a potential speculative funding opportunity.

A funding deal was subsequently agreed with M&G Real Estate for a single high bay warehouse unit of 175,000 sq ft which will be the first single unit speculative development to take place in Trafford Park post-recession.

B8 Real Estate has been retained as joint letting agents for M&G Real Estate on the letting.

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