Sunderland – Hillthorn Business Park
Completion
2024
Construction value
£45m
Gross development value
£70m
Client
Marick was appointed as Development Manager by Legal & General’s IPIF fund to manage the delivery of the 579,400 sq ft, speculative industrial development in Sunderland.
Hillthorn Business Park is one of the last allocated sites for industrial development in the Sunderland area. The site is well positioned adjacent to the Nissan car plant in Washington.
The initial phase extending to some 363,150 sq ft was developed in 8 units ranging in size from 21,550 sq ft to 83,000 sq ft. The scheme was supported by the City of Sunderland Council, and aimed at the industrial, storage and distribution markets as a complement to the nearby IAMP site being developed for Advance Manufacturing.
The Scheme was successful with all, but 2 units having been pre-let prior to practical completion to target occupiers such as AESC, Armah Switchgear, Yaskawa and Argos.
