Furniture giant DFS is to take Teesland Development’s speculative 120,000 sq ft (11,150 sq m) unit at Redhouse Interchange, near Doncaster, in a £5.6m deal.
The distribution unit, which includes 6,000 sq ft of office space alongside a further four acres, is will be used by DFS as a head office complex.
The deal is a coup for joint venture partners Teesland and Clugston Estates, who signed the first tenant on the 81ha (200-acre) greenfield site in July.
Teesland’s David Wells said: “This is an excellent deal for Redhouse and shows we are on our way.”
The developers were advised by DTZ Debenham Tie Leung. Andrew Mills acted for DFS.
EGi News 05/11/01
