Trammell Crow Company has bought a 27.8-acre site near Manchester for a logistics development from Telereal Trillium.
The site, on Manchester Road, Heywood, is located about five minutes from Heywood Distribution Park. It has an opportunity for a 475,000 sq ft logistics development.
Mike Forster, head of UK logistics at TCC, said: “This site will create new jobs for local people, both in its development and when it’s operational, replacing an old and no longer fit-for-purpose space with one that is well designed, environmentally friendly, and makes a positive impact in Heywood and the surrounding area.”
This transaction is TCC’s third in the UK following its entry on the local market in August 2021. It owns a former Arcadia distribution centre in Milton Keynes, and a site in Sheffield, where it also plans to deliver a logistics asset.
Gerald Eve acted on behalf of Telereal Trillium.
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