CBRE’s Leeds Industrial Agency team has acquired a 54,210 square foot warehouse at Treefield Industrial Estate in Leeds on the part of Premier Lasertube to facilitate its regional expansion.
The company, which forms a part of the Brown & Tawse Steelstock group portfolio and entered the Leeds market next year, is doubling its Leeds operation in a alternate from a 25,000 sq . ft . facility at Confederation Park. The purchasing with the new larger warehouse will provide the business having a platform to flourish its operation, taking advantage of the improving economic market conditions.
Treefield Industrial Estate is strategically located from the A62 presents itself Gelderd Road in a quarter associated with a mile of Junction 27 of the M62 motorway. The brand new facility offers excellent accessibility to the national motorway network, Leeds City Centre additionally, the inner and outer ring roads.
Jacques Esterhuizen, senior surveyor at CBRE Leeds, said: “We have noticed a trend in companies for instance Premier Lasertube struggle to find ‘fit-for-purpose’ facilities. We are delighted to have help the acquisition to produce a profitable outcome with the expanding firm.”
Andrew Gent, director at Gent Visick, added: “The letting on this property clearly reflects the changed circumstances during the property market where vacant units in good locations can be highly sought after and remain vacant for too long.”
CBRE Leeds acted on behalf of Premier Lasertube. Gent Visick acted with respect to the owner.