Markham Vale – 850,000 sq ft completed, under construction and under offer in Q1 2017
Markham Vale has seen a spectacular start to 2017. Since January’s opening of the new spine road on Markham Vale North, Henry Boot Developments and their development partner Derbyshire County Council have completed, commenced construction and secured offers for 850,000 sq ft of industrial space at the flagship development.
A 212,800 sq ft unit was completed for Ferdinand Bilstein UK in January. Construction of a 479,285 sq ft distribution centre for Great Bear Distribution and another warehouse of 97,000 sq ft began in February. To round the first quarter off, a deal for a 68,000 sq ft building was secured in March.
Ferdinand Bilstein UK’s high specification unit will become operational later this year. It is bespoke to the specific operational requirements of the company and was delivered on time and in budget by Henry Boot Developments. The new facility will generate 150 jobs initially with planned expansion creating a further 250.
The new building for Great Bear Distribution will be their second at Markham Vale, bringing their occupation to 1,000,000 sq ft of space. Following the completion of the company’s first unit at Markham Vale East during July 2016, their second unit at Markham Vale North will be completed in October 2017. Great Bear Distribution will create a total of 800 jobs through their facilities on the site.
Vivienne Clements, Director at Henry Boot Developments, commented on the success in Q1, stating the occupation of over 850,000 sqft shortly after the access road completed shows monumental confidence in the market and within the flagship logistics development.
Vivienne said: “We couldn’t have asked for a better start to the year. The completion of Ferdinand Bilstein UK’s bespoke facility and Great Bear’s second unit commencing, along with two further units on Markham Vale North, shows high levels of demand in the market. I am pleased to reiterate that we are able to provide the locational benefits, land opportunities and quick delivery times at Markham Vale.”
“We still have space remaining at Markham Vale, ranging from 5,000 sq ft – 300,000 sq ft units for various requirements including ancillary/leisure, distribution, logistics, industrial, warehousing and office.”
Derbyshire County Council’s Head of Markham Vale, Peter Storey said: “This year has got off to a fantastic start and we’re pleased to welcome even more businesses to Markham with the opening of a new link road to the M1 motorway from the north side of the site.
“Two of the plots have already been snapped up by Great Bear Distribution and Ferdinand Bilstein UK which are both set to create up to 400 new jobs each over the next few years.
“We will be working with the companies over the coming months to provide support and identify resources to help them meet their recruitment needs and that local communities access these new job opportunities.
Mr Storey added: “We still have development opportunities available across the site so if you’re a business looking to relocate or expand please get in touch.”
Markham Vale is a joint venture between Henry Boot Developments and Derbyshire County Council and has 26 acres of land on Markham Vale North, for units ranging from 50,000 sq ft – 300,000 sq ft with design & build options to suit specific requirements. A further 12 acres are available on Markham Vale West.
For leasing enquiries, please contact:
Rich Harris, JLL, 0113 244 1441
James Keeton, JLL, 0115, 908, 2120
Franco Capella or James Harrison, Burbage Realty, 01604 232555