Teesside International Airport Limited has appointed commercial property consultancy, Naylors Gavin Black, to market its 2.8 million square foot business park at Teesside International Airport, within the UK’s largest Freeport.
Following a competitive tender process, Naylors Gavin Black has been selected to generate international and national interest in the strategic site which aims to bring significant inward investment into Teesside.
Naylors are working alongside Colliers International and aviation real estate specialist, AREA.
The site has 2.8m sq. ft. of industrial and warehouse accommodation earmarked to come forward, with 135,000 sq. ft. of that space having obtained detailed planning permission and a further 550,000 sq. ft with outline consent. A 25,000 sq. ft. property has already been completed and detailed discussions are progressing with a number of interested parties.
The landlord is open to a wide range of potential tenants including aviation supply chain businesses, manufacturing, energy production, logistics and data centres. The site sits within Teesside Freeport, the first and largest Freeport in the UK, which offers an array of benefits for end users.
Victoria Ashby, head of property and development at Teesside International Airport, said: “Naylors impressed us by demonstrating their innovative approach to marketing which has resulted in an excellent track record of lettings on similar schemes, making them an ideal agent for the site.
“We’re confident that we have the right team in place to take this scheme to its maximum potential. The Tees Valley is undergoing a significant economic transformation and this business park will play a key role in its ongoing resurgence.”
Newcastle-based Naylors Gavin Black is a member of the Commercial Property Network (CPN)- a collective of privately owned commercial property firms which span the UK – giving the firm a presence in every UK region.
Keith Stewart, partner and head of agency at Naylors Gavin Black, comments: “This is an incredibly exciting scheme to be involved with. We’re looking forward to helping spread the message far and wide that Teesside is open for business and we have best-in-class properties in a well-connected location with quality labour pools, for ambitious businesses.”