HBD-Barnfield fills East phase one
A trio of companies has signed for a combined 70,000 sq ft at the joint venture’s Preston industrial development.
Liquid roofing specialist Centaur Technologies will occupy 20,000 sq ft at HBD-Barnfield’s East, while independent wholesaler Universal Product Solutions has also signed for 20,000 sq ft.
The remaining 30,000 sq ft is to be occupied by a manufacturing company within the energy sector. No further details on the occupier were provided.
Dan Lawrenson, development surveyor at HBD, said: “It’s great to see the first phase of East now complete, with all five units let within three months of practical completion.
“We are also now under offer on the remainder of the site and are hoping to receive planning permission imminently.”
With the first phase of East now complete and fully let, attention now turns to the next phase of development.
Plans for a combined 150,000 sq ft of industrial space are due to be decided by Preston City Council when its planning committee meets tomorrow.
Three separate applications for a trio of units are tipped for consent by Preston City Council planning officers ahead of a planning committee meeting next week.
Unit one would be 63,000 sq ft, unit two would be 60,000 sq ft and unit three would be 30,000 sq ft.
Tracy Clavell-Bate, head of development and acquisitions at the Barnfield Group, said: “There remains a significant shortage of industrial and logistics stock across the region, so we have seen very strong interest in East – particularly given its location close to key networks.”
HBD-Barnfield is developing East on an 18-acre site off junction 31A of the M6 north-east of Preston.
Fletcher Rae is the architect for the development and Iceni Projects is the planning consultant.
Gerald Eve and Eckersley are the property agents on East.