The two remaining units at Marrtree Business Park, Bradford have been let by Carter Towler and joint agent Walker Singleton. Unit 3, a 23,082 sq ft warehouse, has been let to air conditioning and ductwork specialists Glidefield Engineering Solutions and exporter A & A Financial Consultancy has taken Unit 4 which is 18,400 sq ft.
Owned by London-based Paloma Capital, Marrtree Business Park is on Bowling Back Lane close to the Sticker Lane junction and Bradford ring road, it is also just two miles from the M606/62 motorway network.
Commenting on the successful lettings Carter Towler’s Hazel Cooper said: “We are delighted for Paloma Capital that the entire business park is now fully occupied. They made a very significant commitment when they acquired the estate in 2018 and then invested a further £400,000 in an extensive refurbishment programme. The estate is now thriving and I’m sure both Glidefield Engineering and A & A Financial Consultancy will do really well here.”
Paloma Capital’s Asset Manager, Tom Ridge added: “The most recent lettings on the business park are testament to the convenient location and the quality of the newly refurbished units. Our two latest occupiers will be joining successful businesses including Peckover Transport; Pro-tec Covers and industrial lighting supplier, Crompton Lamps.”
Collectively the entire business park has 206,098 sq ft of warehouse accommodation. The refurbishments included extensive roof works, new offices, kitchens and toilets were added during the refurbishment programme in addition to energy efficient lighting, upgraded 3-phase power and roof lights.
Paloma Capital is a private equity real estate investor with a significant ownership of industrial parks across the country. Other assets located within the Yorkshire region include 400,000 sq ft at Interchange 38 in Barnsley and a 50,000 sq ft office in central Leeds.
Carter Towler employs 55 people and is acknowledged as one of the most commercially active property companies in the North, Midlands and South East. Over the past 12 months the company has been involved in over 400 industrial, commercial and investment deals, and currently manages 4,500 properties for its clients nationwide.
