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CBRE secures letting at 142,000 sq ft distribution unit

Acting on behalf of a joint venture between Kier Property, Maple Grove and Yorvale, the Industrial team at CBRE in Leeds has secured a new letting to CMS Distribution at Tri-Link, a new industrial and distribution unit strategically located at Wakefield Europort.

CBRE worked closely with Carter Towler and AWS in the marketing of this high-profile property.

CMS Distribution, a specialist business and consumer technologies distributor, has leased the 142,338 sq ft distribution unit on a ten-year lease term.  Tri-Link 140, which stands on a 5.9acre site, is a new warehouse unit comprising 136,231 sq ft warehouse space, 6,107 sq ft office accommodation and 26 car parking spaces.

Regarded as a flagship industrial and warehouse development, Wakefield Europort is situated in an established location just 1 minute away from J31 of the M62.  It offers high quality industrial space and is highly accessible with links to the strategic motorway network.  It also benefits from European rail freight access through the Europort freight terminal, ready access to the deep-water Ports of Goole and Hull and five international airports within a one-hour drive.

Mike Baugh, senior director, CBRE’s Industrial team in Leeds, said: “We are delighted to confirm this new letting at Tri-Link 140, it represents a significant deal for the Yorkshire market and is fantastic news for the Wakefield/Castleford area.  There are now very few new warehouse options available of this scale in the West Yorkshire area.”

Tom Gilman managing director for Kier Property North commented on behalf of the joint venture: “We are delighted to announce this news.  The collective team has worked hard to achieve this letting and we are pleased to see activity in the industrial sector remain strong.”

Mark Robinson, operations director, CMS Distribution, said: “CMS Distribution is delighted to commit to the long term occupation of his excellent building which will underpin the growth of our business in the years to come.”

 

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