Hillthorn Farm, Sunderland
- Legal & General - IPIF
- Development Manager
- £45m
- £70m
Marick Real Estate is appointed as development manager by Legal and General’s IPIF fund to manage the delivery of 10 units, 620,000 sq ft, speculative industrial development in Sunderland.
Hillthorn Farm 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 proposed development, supported by the City of Sunderland Council, is aimed at the industrial, storage and distribution markets as a complement to the nearby IAMP site being developed for Advance Manufacturing.
The Scheme will be developed on a speculative basis in two phases with units ranging in size from 20,000 sq ft to 150,000 sq ft and the opportunity on the 62-acre site to accommodate pre-let enquires. On site construction is programmed to commence in Quarter 2 2021 with practical completion of the first phase, extending to just over 300,000 sq ft, in mid-2022.