DTZ Investors has let 65,000 sq ft at Ashburton Point on Trafford Park to Swedish manufacturing company Lindab.
Lindab will relocate from its two smaller units in Central Park Trading Estate, also in Trafford Park, to a larger unit in Ashburton Point. It has signed a 15-year lease for £6.50/sq ft.
Fund manager at DTZ Investors, Kevin O’Connor said: “We are delighted to have secured Lindab as a long-term tenant at Ashburton Point, which now sees all 18 units ranging from 5,000 sq ft to 65,000 sq ft fully let. This is the latest in a series of transactions for an in-house client to develop its presence on Trafford Park. Last month DTZI purchased the adjacent former Guardian Printworks site which comprises 6.88 acres for £7.45 million, with the intention of developing a unit of up to 150,000 sq ft to compliment the Ashburton Point offering.”
JLL and Savills are the lettings agents on Ashburton Point.
Lindab was advised by RVW.