Tritax Symmetry, a logistics development company, has committed to speculatively build a 132,750ft² (12,332m²) logistics building at Symmetry Park in Doncaster.
The news follows the company’s announcement of a deal with B&Q involving a 430,240ft² (39,970m²) warehouse and distribution facility that is already well under construction. It also responds to the rapidly growing on-demand logistics market, which is being driven by increasing digitalisation and consumer delivery expectations.
Located at Junction 34 of the A1 (M) on the North Nottinghamshire/South Yorkshire border, Symmetry Park is a £70m industrial and distribution scheme currently being provided by Tritax Symmetry. The logistics developer has committed to deliver up to 721,000ft² (66,983m²) of logistics space on the site.
In 2020, Tritax Symmetry agreed a deal to let its first speculative 151,388ft² (14,064m²) logistics building on the site to Dogmates Ltd trading as Butternut Box. Tritax claims to have made a significant investment into the fit out and created hundreds of new jobs for the area.
Simon Dixon, development director at Tritax Symmetry, said: “We are pleased to commit to the speculative delivery of the last remaining plot at Symmetry Park Doncaster.
“We have identified strong ongoing occupier interest in the region and our deals with B&Q, Butternut Box and Euro Garages are testament to the site location right off the A1(M) and directly opposite Blyth Services, with high visibility and great accessibility from both sides.
“Having a site with infrastructure already enabled and detailed planning consent in place allows us to react quickly to market demand with a premium, bespoke and highly sustainable new premises in this prime logistics location.”
The Leeds offices of Savills, Dove Haigh Phillips and Colliers International are representing the development.
