JLL advises on 20,000 sq ft letting in Trafford
JLL has secured a 20,500 sq ft letting on behalf of a private client at Tenax Cross
JLL has secured a 20,500 sq ft letting on behalf of a private client at Tenax Cross, the most recent development of industrial and logistics space on Trafford Park, to The Vella Group, a vehicle repair company.
The unit reached practical completion in December 2019 and has excellent access to the motorway network and is located just off Tenax Circle, close to Tenax Road in the heart of Trafford Park.
Robert Kos, an associate in the Industrial & Logistics team, JLL said: “With the ongoing Covid-19 pandemic the industrial & logistics sector has performed well throughout. This letting at Tenax Cross demonstrates that there is strong demand for Grade A buildings in prime locations and it has cemented the decision to speculatively develop the unit.”
Paul Andrews, Fletcher King, Fund Manager said: “We’re pleased to be welcoming The Vella Group to Tenax Cross. This is an excellent location for their business to be located and the new build gives them the ability to grow. This is a turbulent time for the market but this letting is testament to the reliance of the sector.”
JLL (NYSE: JLL) is a leading professional services firm that specializes in real estate and investment management. JLL shapes the future of real estate for a better world by using the most advanced technology to create rewarding opportunities, amazing spaces and sustainable real estate solutions for our clients, our people and our communities. JLL is a Fortune 500 company with annual revenue of $18.0 billion in 2019, operations in over 80 countries and a global workforce of nearly 93,000 as of June 30, 2020. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated.