Ropemaker Properties secure full occupancy at Plot K, Kingsway Business Park in Rochdale
JLL has completed the letting of K75 at Kingsway Business Park, which is the final available property on Plot K at the Rochdale scheme.
Acting on behalf of Ropemaker Properties, JLL, P3 and Colliers have completed the letting of K75, a Grade A detached industrial unit, at Kingsway Business Park, which is the final available property on Plot K at the Rochdale scheme.
Textile manufacturer Cleland McIver Lifestyle has expanded its footprint at the park with the acquisition of the 75,131 sq ft industrial unit. A 10-year lease for the newly built facility has been agreed. This deal takes Cleland McIver’s total occupancy at the park to 115,000 sq ft following its purchase of the adjacent K40 in 2017. Thales and Nobilia Kitchens are also located on Plot K.
Kingsway Business Park is one of the premier business parks in the North West and has delivered over 2m sq ft of warehouse space. Existing occupiers at the park include Asda, Wincanton, JD Sports, Dachser and the future development of additional amenities are planned for the park.
Richard Johnson, director of industrial and logistics at JLL, said: “Cleland McIver’s expansion within the park is testament to Kingsway Business Park’s credentials as a premier industrial location and its inherent flexibility to be able to accommodate and facilitate the growth of its occupiers. The full occupancy of Plot K further underlines the demand for Grade A mid-box space, the appeal of Kingsway and the quality of its offering.”
Councillor John Blundell, Rochdale Council cabinet member for regeneration, business, skills and employment, and RDA board member, added: “Cleland McIver Lifestyle is a great company with ambitions to be even more successful. It speaks volumes about Rochdale borough in general, and Kingsway Business Park in particular, that this exciting business realised it could find everything it needed for future success right on its doorstep. Its decision brought another ambitious and growing business to Kingsway, one of the North of England’s best-performing business parks.”
JLL, P3 and Colliers International acted on behalf of Ropemaker Properties; Cleland McIver Lifestyle was unrepresented.
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 over 92,000 as of September 30, 2020. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit jll.com.