Chancerygate and Bridges Fund Management has paid Halifax Estates £6m for an 11-acre site in Leeds.
The jv plans to transform the Triangle 45 site into a £31m speculative industrial development, stretching over 231,000 sq ft.
The site, three miles north-west of the city centre, will house 23 owner-occupier units ranging from 4,000 sq ft to 34,000 sq ft.
Start your free trial today
Your trusted daily source of commercial real estate news and analysis. Register now for unlimited digital access throughout April.
Including:
US tariffs and UK insurance hikes are worrying dealmakers, but some see a chance for Europe to prove its worth
Housebuilder reiterates full-year completion and profit guidance
Company says it has had good start to the year in Q1 trading update
A local private investor has snapped up the multi-let office for £6.1m
