More than 400,000 sqft of new industrial property floorspace is planned for the North East through £50m proposals from UK Land Estates.
The commercial landlord and developer has submitted five applications across its Team Valley and Teesside Industrial Estate sites. All the five sites represent speculative new build industrial developments on greenfield sites which if successful, UK Land Estates hopes to begin construction on in 2025.
The proposals include three units on Teesside Industrial Estate of 24,500sqft, 103,500sqft and 202,000sqft and two units on Team Valley – the firm’s flagship estate – one on Station Approach of 38,250sqft and another on Fifth Avenue of 49,500s …
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