Speculative warehouse development reaches practical completion

A speculative development of two industrial warehouse units in West Yorkshire has reached practical completion.

The 78,106 sq ft Latitude scheme at Junction 31 of the M62 in Normanton has been developed by Wilton Developments and forward funded by CBRE Investment Management.

The units comprising 43,357 sq ft and 34,749 sq ft were constructed on time by Leeds-based contractor Castlehouse Construction.

They were developed to address a shortage of new-build industrial and warehouse space across Yorkshire.

Jason Stowe, managing director at Wilton Developments, said: “We are delighted to reach practical completion on this key site which will enable the regional logistics sector to continue to thrive, adding much needed, first class industrial and warehouse space to the constricted West Yorkshire pipeline.”

CBRE and Carter Tower are joint agents for the scheme.

Mike Baugh, senior director at CBRE Leeds, added: “Latitude has all the key elements that occupiers desire right now. The location in the heart of the distribution network is a real draw for potential occupiers looking for connectivity combined with high quality, modern space with excellent local amenities. We are already seeing strong interest in these units as a result of this.”