Firethorn Trust has acquired a 37-acre site at Sherburn-in-Elmet in Leeds, as it continues to grow its national logistics portfolio.

The logistics site forms part of the wider Sherburn2 scheme, which spans 75-acres and is owned by Yorkshire-based development and investment company, Glentrool Estates Group. 

Firethorn has now exchanged contracts with Glentrool, in a deal that will allow the delivery of up to 660,000 sq. ft. of new logistics warehousing across one or multiple buildings, suited to a range of occupiers, from SMEs to larger manufacturing and distribution companies.

Dan Green, Associate Director at Firethorn Trust, said: “As occupiers continue to adapt their supply chain and distribution models to fit the post-Covid economy, demand is expected to remain at these levels in the medium term, whilst the increased drive to e-commerce is further fuelling occupational demand.

“This acquisition is another example of our strategic approach to identify sites in strong locations across the UK for development and unlock opportunities to deliver modern, high-quality warehousing solutions, highly-sustainable schemes and economic benefits for the wider region.”