100 year-old manufacturer expands at industrial park

A 346,000 sq ft facility at Greens Industrial Park in Wakefield has welcomed a new occupier following a major refurbishment programme.

Acting on behalf of Cording Real Estate Group, the real estate investment and asset management firm, joint leasing agents JLL and Vickers Carnley have let 47,609 sq ft to engineering machinery supplier Group Rhodes.

Manufacturer Group Rhodes, which has been established in Wakefield for more than 100 years, joins other long-established firms such as Greens Power, Glasscraft Decorative, BZT Developments and TEI on the park.

This latest property deal leaves 15,000 sq ft of available space across two units.

Tom Asher, associate director at JLL, said: “This letting supports the extensive refurbishment strategy Cording implemented, which went beyond what we usually see from such landlords. The increased levels of demand we have seen is testament to the quality of space now on offer.”

Peter Dove, head of asset management and property management at Cording, added: “This latest transaction confirms our strategy of investing in strong areas like Wakefield, where demand for large units with cranes at affordable rents is rare. This is a pattern we are seeing around the country but particularly across the Northern Powerhouse region, where demand from heavy industry is growing, supported strongly by active local council enterprise teams.”

Greens Industrial Park, Wakefield