Tuesday, October 19, 2021

Key industrial site snapped up in Nottingham

Barwood Capital’s Growth Fund IV with Premcor Estates Ltd has purchased Firth Way at the Blenheim Industrial Estate, Bulwell, in a move to bring much-needed new logistics space to the area.

Just two miles from junction 26 on the M1, Blenheim Industrial Estate is a well-established location for warehouse and logistics operations. The aim is to secure detailed planning consent for a single 370,000 sq ft unit at Firth Way, in a new build that will provide high quality industrial space.

The 17.4-acre site acquisition was funded by Barwoods Growth Fund IV. Premcor will act as Development Manager.

Edward Henson, director and head of transactions at Barwood Capital, said: “With the support of the City of Nottingham, we are looking forward to creating first class, sustainable logistics accommodation in an area where there’s currently no available units above 300,000 sq ft.

“Meeting this demand will offer jobs and opportunities to many local residents as we continue to emerge from the Coronavirus pandemic.”

The project is aiming to achieve Net Zero Carbon in Construction and a BREEAM Excellent Rating.

Doherty Baines advised on the transaction.

A message from the Editor:

Thank you for reading this story on our news site - please take a moment to read this important message:

As you know, our aim is to bring you, the reader, an editorially led news site and magazine but journalism costs money and we rely on advertising, print and digital revenues to help to support them.

With the Covid-19 pandemic having a major impact on our industry as a whole, the advertising revenues we normally receive, which helps us cover the cost of our journalists and this website, have been drastically affected.

As such we need your help. If you can support our news sites/magazines with either a small donation of even £1, or a subscription to our magazine, which costs just £33.60 per year, (inc p&P and mailed direct to your door) your generosity will help us weather the storm and continue in our quest to deliver quality journalism.

As a subscriber, you will have unlimited access to our web site and magazine. You'll also be offered VIP invitations to our events, preferential rates to all our awards and get access to exclusive newsletters and content.

Just click here to subscribe and in the meantime may I wish you the very best.

Latest news

Related news

By continuing to use the site, you agree to the use of cookies. more information

The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.