Crest Medical leases 101,000sq ft warehouse

CREST Medical, a storage and distribution business dealing primarily in medical supplies, has acquired a 10-year lease on a 101,000 sq ft warehouse in Warrington.

The company is expanding from another unit at Chesford Grange, doubling its space.

The new unit includes nearly 10,000 sq ft of offices over two storeys and over 110 parking spaces. The letting was handled by JLL in Manchester which acted for the landlord Alpha Real Capital.

Mark Sillitoe, industrial and logistics director at JLL, said: “This is one of the largest North West industrial deals of the year so far and is a sign of Warrington’s strength at the heart of the motorway network.

“The increasing lack of supply of good quality, well located units of c.100,000 sq ft, combined with the strengthening occupier market, means that there’s little doubt that we’ll see a series of announcements regarding speculative development across the North West, before the year is out.”

CBRE acted as joint agents and Mason & Partners advised Crest Medical.

Source: The Business Desk


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