Milestone Reached on Speculative Industrial Development


 

A milestone has been reached in the construction of a speculative industrial development in West Yorkshire.

Latitude is a two-unit industrial warehouse scheme at Junction 31 of the M62 in Normanton, West Yorkshire being brought forward by Wilton Developments and CBRE Global Investors.

Work on the units, which will comprise 43,000 sq ft and 34,500 sq ft, is well underway, with construction being undertaken by Leeds-based contractor Castlehouse Construction.

A key construction milestone has now been marked with a topping out ceremony.

Jason Stowe, managing director at Wilton Developments, said: “We are pleased to reach this construction milestone at Latitude. The development is on track for its completion in early 2022 and we are already handling significant interest in the units. Identifying key sites such as this and unlocking its potential will enable the regional logistics sector to continue to thrive.”

Mike Baugh, senior director at CBRE Leeds, added: “Latitude has all the key attributes that occupiers are seeking. The location provides immediate access to the M62 and is in the heart of the distribution network and the quality meets all the expectations of modern space. With shortages well documented across the region we are already handling strong interest in these units.”

The Latitude units set to achieve practical completion in Q1 2022 and joint agents CBRE and Carter Towler are in discussions with interested parties.

https://www.insidermedia.com/news/yorkshire/milestone-reached-on-speculative-industrial-development