Trebor has entered into contract, in an off-market deal, to purchase a 7.30 acre site at Martland Park, Wigan.
Outline Planning Permission was granted in March 2023 and Trebor has now submitted a Reserved Matters application.
If the application is approved a high quality logistics unit offering 101,805 sq ft will be developed on a speculative basis commencing in 2024 and marketed as Wigan 100. It will be built to an EPC rating of A and targeting BREEAM Excellent, incorporating key sustainability features including PV panels, EV charging spaces and cycle facilities.
Situated within easy reach of junction 26 of the M6 motorway the location is also just a few minutes from Wigan town centre.
The North West has a shortage of high quality and sustainable industrial accommodation, which this development will seek to address.
Bob Tattrie, Managing Partner at Trebor commented: “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.”
Trebor and funder Hillwood are represented by joint agents CBRE and Knight Frank, Manchester offices.
Sam Royle, partner Knight Frank, said: “Trebor’s continued commitment to invest in high quality logistics space in the North West underlines the region’s strategic importance and the need for a continued pipeline to meet demand.
“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.”
