Invesco Real Estate has partnered with GARBE Industrial Real Estate GmbH in a joint venture to develop a 50,000-square-foot class A logistics site in Worksop, located in the prime East Midlands logistics U.K. market.
The two-unit scheme, comprising separate 462,500-square-foot and 86,500-square-foot facilities spread more than 28.9 acres, will see construction commencing September 2024 and completion in third quarter 2025. Both units target BREEAM Excellent and EPC A+ standards.
Strategically located in the East Midlands, Worksop benefits from a catchment area of circa 3 million people within a 45-minute drive, with the major cities of Manchester, Birmingham, Nottingham and Sheffield reachable within less than two hours’ drive. The site is located equidistant between the M1 and A1(M), providing easy a