Trebor to progress 100,000 sq ft Wigan industrial
Backed by funder Hillwood, the logistics developer has lodged reserved matters plans for a warehouse at Martland Park.
Trebor Developments plans to develop a 100,000 sq ft industrial unit on 7.3 acres north of Canberra Way and immediately south of Makita UK’s factory.
Subject to planning approval the scheme would be developed on a speculative basis commencing in 2024 and marketed as Wigan 100.
Trebor is aiming for an EPC rating of A and BREEAM Excellent accreditation.
Bob Tattrie, managing partner at Trebor, said: “Given the lack of new high quality industrial accommodation coming forward in the North West, we believe Wigan 100 is an ideal location to speculatively develop.
“This complements our other new North West developments being speculatively developed in 2024, Crewe 335 and Ark 42 in Trafford, providing collectively 478,000 sq ft of accommodation.”
Knight Frank and CBRE advised Trebor and Hillwood.
Knight Frank Industrial partner Sam Royle said Trebor’s acquisition of the site reaffirms the region’s attractiveness to investors despite a slow start to the year in terms of investment volumes.
“Although take-up has moderated in the first half of 2024 with approximately 1.5m sq ft transacted to date, demand for new developments continues across the region.
“We are currently tracking close to 2m sq ft of deals in legals, which will transact in the second half of the year and with the election out of the way we expect to see occupiers and investors make their long-term moves.”
SDI Wigan, a subsidiary of Realty Income Corporation, secured outline planning consent from Wigan Council in 2023.
The authority signed a Section 106 agreement with Martland Park Holdings, the former landowner, last year.