Canmoor sells Stockton logistics opportunity
Wilton Developments has bought 33 acres from Canmoor at Dynamo Park in Stockton-on-Tees for an undisclosed sum.
The site has outline consent for 400,000 sq ft, and detailed consent for 220,000 sq ft, of industrial, storage and warehouse fronting the A19, next to retail and trade outlets at Portrack Lane.
Wilton is active across the North of England, completing the Latitude logistics development on the M62 near Leeds and Enterprise Park in Barnsley, both for CBRE Investment Managers.
The company is also behind the recently completed four-unit scheme at Turbine Business Park for Block Industrial in Sunderland and the forthcoming Leeds 500, which is the largest single unit distribution scheme in the city, with reserved matters consent for 500,000 sq ft alongside the M1 J47.
The company also has planning permission for 1.15m sq ft of industrial space at Doncaster North.
HTA Real Estate and Savills advised Canmoor. Wilton was unrepresented.