Trebor and Hillwood have entered into an agreement with the current lessee of a 5.8 acre site on a prominent industrial location in Nottingham.
Trebor/Hillwood are to bring forward a comprehensive development of the Brownfield site for a proposed industrial, speculative, development with units consisting of 42,635 sq ft and 77,692 sq ft.
A planning application for the scheme will be submitted shortly and subject to consent, work on the development is expected to start in summer 2019.
The agreement represents an excellent example of Trebor working in partnership to bring forward regeneration, which will benefit the Nottingham economy.
Bob Tattrie, Managing Partner for Trebor Developments, commented on behalf of the partners “Finding ways of unlocking Brownfield sites in order to generate employment opportunities is what Trebor is best at and this is an example of working with partners, to assemble proposals which will bring forward mid box, industrial, speculative units of a high quality, on competitive terms which we believe will be very attractive to regional/local occupiers. We look forward to working closely with our partners to deliver this exciting scheme”.
Innes England and Knight Frank acted in the transaction.