Speculatively developed warehouse provides new home for established haulier
Bradford-based haulage company A Leadbeater Transport has taken 65,000 sq ft at Overland industrial park on Gelderd Road in a deal that sets a new headline rent for the Yorkshire region.
Commenting on the 10-year letting, Carter Towler director Josh Holmes said: “Our client, CBRE Investment Management, made a bold decision to speculatively develop this additional warehouse facility, known as OP65, and has invested significantly in ensuring the property has the highest possible environmental credentials.
“It is these credentials, coupled with the excellent location that have enabled us to achieve a new headline rent.”
CBRE Investment Management (CBRE IM) developed the OP65 unit to be net zero carbon in operation. It features electric vehicle charging points, solar photovoltaic panels and landscaping designed to enhance biodiversity.
A Leadbeater is relocating from Low Moor, Bradford, to the larger premises at Overland Park.
The firm was established 35 years ago and provides distribution and warehousing across the UK.
Ross Dixon, development manager, Charles Dixon Asset Management added: “Having worked on this site for several years on behalf of the client, managing initially the planning process, construction and then the eventual letting of the property, it’s very satisfying to have realised such an excellent result.”
Savills Leeds was joint marketing agent for OP65 alongside Carter Towler. Tony Stott at JLL Leeds acted as the project manager and Ross Dixon of Charles Dixon Asset Management acted as development manager.