Mountpark Logistics has bought 59 acres of industrial development land in Avonmouth Severnside from AstraZeneca UK.
The land forms part of the former Avlon Works site and has full planning permission for 1,288,000 sq ft of distribution space in up to four units ranging from 150,000 sq ft to 1m sq ft.
Mountpark Logistics said site preparation works will start immediately with construction due to begin early next year and the buildings ready for occupation by the end of 2019.
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