Trafford Park scheme completes with 140,000 sq ft deal
Harbert has finished its 240,000 sq ft speculative warehouse development at Trafford Point, and has secured SIG Trading as the tenant for more than half of the project.
Trafford Point is Harbert’s largest North West project to date, and is located on Ashburton Road West.
The two high-bay units which make up the scheme total 240,107 sq ft. Unit T1, which is 141,480 sq ft, has been taken on a 10-year lease at £6/sq ft by SIG. The remaining unit, T2, is 98,000 sq ft and is being marketed at a quoting rent of £6.50/sq ft.
Trafford Point forms part of the 4.4m sq ft Trafford Park portfolio owned by Harbert European Real Estate Fund.
Joint letting agents are DTRE and B8 Real Estate. Cushman & Wakefield represented SIG Trading.
Steve Johnson of B8 Real Estate, said: “We are extremely pleased to secure this long standing requirement from SIG midway through the construction process which allowed us to accommodate a number of their specific requirements. This represents the second speculative warehouse letting in Trafford Park, where terms were agreed prior to completion, reinforcing the level of occupier demand in the 100,000 – 200,000 sq ft size bracket which we believe will be replicated on the remaining unit.”