NORTHERN TRUST EXPANDS PORTFOLIO WITH NEW ACQUISITIONS

10th October 2016

Northern Trust (www.northerntrust.co.uk) has recently completed three separate acquisitions adding c 230,000 sq ft of multi-let industrial floor area and 34 units to  their commercial portfolio.

Heron Business Park in Widnes offers 124,512 sq ft of small workshop and larger industrial space, and was purchased in January. Newport South Business Park in Middlesbrough is a modern industrial / trade park estate totalling 42,022 sq ft which was acquired in May; with the most recent acquisition being Raynesway Park in Derby, a 9 unit industrial / trade park estate measuring 66,729 sq ft. 

Tom Parkinson, Director at Northern Trust commented “We continue to look for opportunities to grow our portfolio in all our trading regions across the Midlands, North-West, North-East, Yorkshire and Scotland and these acquisitions will enhance the range of units we offer the SME sector. Northern Trust’s existing property portfolio comprises more than 200 individual industrial, trade and office parks, and over 3,600 individual units. The portfolio actively managed by Northern Trust’s in-house surveying practice, Whittle Jones Chartered Surveyors (www.whittlejones.com), who have regional offices in the Birmingham, Chorley, Wakefield and Newcastle".

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