Whitbread contract triggers Trafford shed deal
B8 Real Estate has reported the letting of a 179,000 sq ft warehouse in Trafford Park on behalf of Prudential Assurance Company and Prupim. Centrepoint V in Westinghouse Road was taken by Kuehne & Nagel on a 10 year lease at £4/sq ft.
Kuehne & Nagel will operate a Whitbread contract from the facility and install a chilled store.
Howard George, partner at B8 Real Estate, said: "The supply of quality distribution units in the North West has diminished massively over the last couple of years. We have seen take-up at unprecedented levels and the lack of supply of distribution buildings is resulting in increased demand for build to suit, being the only option."
B8RE acted for Prupim, Clews & Co acted for Kuehne & Nagel.