New Trafford Park distribution hub snapped up by supermarket chain

CGI of Guinness Point distribution hub

Supermarket chain, Sainsbury’s, has signed up for a 68,374 sq ft distribution hub at Guinness Point, in Trafford Park.

Harbert Management Corporation (Europe) said it has secured the pre-letting for the new facility, which will be practically completed this month.

Sainsbury’s has signed a 15-year lease on the facility which will provide it with a prominent, high quality, new-build development in the heart of the North West’s prime industrial/logistics location.

Having identified a lack of supply within Trafford Park and the wider Greater Manchester region, Harbert Management Corporation committed to speculatively develop the unit with strong occupational demand received immediately.

Steve Capper, director, CBRE’s industrial and logistics team, said: “Given the lack of development within Trafford Park, coupled with the prominent location and specification of the unit, it is no surprise that an excellent company such as Sainsburys has committed to the property.”

Howard Hill, of Harbert Management Corporation (Europe), said: “We are excited to welcome Sainsburys Supermarkets to the Trafford Park portfolio.

“It has been a pleasure to work in partnership with Sainsburys on the scheme and we look forward to seeing them operating from the unit very soon. We have seen record levels of take-up and rental growth across the Trafford Park holding and occupancy levels remain at an all time high.”

CBRE and B8RE acted for Harbert Management Corporation (Europe) and Avison Young acted for Sainsburys Supermarkets.