Wain Estates has appointed JLL and B8 Real Estate as joint agents to advise on the long-term investment and occupational strategy for the commercial elements on our Carrington Estate.
Managing director of development, Jack Brister, said: “We are getting ready to bring forward the next commercial phases at Carrington and getting the right agents on board is crucial to ensure we have the optimal investment and delivery strategy.
“We are confident we have two strong partners with excellent regional knowledge and sectoral expertise to advise on future phasing. They also have the resources to provide other services and advice in areas like ESG – environmental and social betterment being central to all we do.”
There are currently several major schemes at Carrington in the planning system:
Carrington Enterprise Park – A detailed planning application has been submitted for 10 buildings delivering a total of 268,000 sq ft of employment space on a 19-acre site on Manchester Road.
Carrington Boulevard – The site, which sits opposite Carrington Gateway, has outline consent for 260,000 sq ft of logistics space. Detailed plans for a reserved matters application are currently being drawn up.
The Junction – An outline application has been submitted for a major new logistics hub providing up to 1m sq ft of carbon net zero ready space in larger buildings. A decision on the outline application is due later this year.
Jack added: “These three schemes form the next tranche of commercial elements on the Estate. It is a hugely exciting time with a total of 2m sq ft of employment space across the estate currently going through the planning process, reinforcing Carrington Estate as a regional asset for employment and investment.”
JLL has also been retained, alongside Colliers, to market two available units at Carrington Gateway. Completed in 2020 the Gateway consists of six high quality logistics buildings - three of which were recently acquired by Cabot Property.
Global packaging company Max Fame recently signed an agreement for one of the retained buildings with 21,000sq ft still available.
Wain Estates property director Paul Wrigglesworth said: “The success of Carrington Gateway both as an investment asset and a business location shows the continued demand for high quality space in this regional location.”
Commercial Agents appointed for Carrington Estate
