Tuesday, October 12, 2010

News: CBRE to market last two plots on Brookfields Park

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The Industrial Agency team at CB Richard Ellis, Sheffield has been instructed by St Paul's Developments and Tritax Assets on the remaining nine acres of industrial / warehousing and office opportunities at Brookfields, Rotherham.

The 85 acre site has been transformed into one of South Yorkshire's most successful regeneration schemes with high profile occupiers Next Group Plc, Garnett Dickinson, Maplin Electronics and Pegler Yorkshire Group operational within circa 1.6M sq ft of industrial and office accommodation.

The successful development of Brookfields has already resulted in over 1,800 jobs being delivered to the region with potential for an additional 300.

The strategically positioned Dearne Valley site benefits from protected Enterprize Zone status ensuring substantial financial benefits for occupiers via 100% capital allowances.

CBRE will market the remaining two sites which span nine acres and can accommodate in the order of 180,000sq ft of bespoke industrial/warehouse or office accommodation.

Toby Vernon, Senior Director, CBRE Sheffield, said: "Brookfields is one of the region's most acclaimed developments, evidenced by the high-profile occupiers it has already attracted and the substantial contribution subsequently made to the local and regional economy.

"The financial benefits resulting from the extended EZ status are unrivalled and will undoubtedly prove to be a key factor in attracting new occupiers. This, combined with an immediately deliverable site, a simplified planning process and a proven and reputable development team makes this site a unique offering in the market.

"We are looking forward to working with St Paul's Developments and Tritax to ensure the continued success of this scheme."

Managing Director of St Paul's Developments, David Newton, added: "We are incredibly proud of the success of Brookfields and are committed to bringing further inward investment to the region through the remaining opportunities at the strategic site.

"Having enjoyed a successful working relationship with Toby Vernon and Roger Haworth for many years, I am delighted to be welcoming them on board at Brookfields and am confident that our strong team can work with occupiers to deliver the development of these last remaining plots."

St Pauls Developments website
CBRE website

Images: CBRE

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