Northern Trust Gets Its Wish With Excelsior Park Acquisition

Northern Trust (www.northerntrust.co.uk) is pleased to announce that it has expanded its Scotland portfolio with the acquisition of Excelsior Park in Wishaw, Motherwell.

Excelsior Park. Wishaw, Motherwell

Excelsior Park. Wishaw, Motherwell

The modern multi-let industrial and trade counter estate totals 109,523 sq ft and is split into 11 units with occupiers including, Howden Joinery and Siemens plc. Excelsior Park is only 2.5 miles from Motherwell town centre and adds to Northern Trust’s existing portfolio in Scotland. Tom Parkinson, Director at Northern Trust commented “The acquisition is part of an on-going strategy to acquire/develop multi-let industrial assets that will form the core of a long-term portfolio holding in Scotland which we will look to add to further. We are particularly interested in locations within central Scotland, close to major conurbations and the motorway networks and our aim is to provide a high quality industrial and office product suitable to both SMEs and larger companies.”

To see the available units to let at Excelsior Park please visit the Whittle Jones website or click here for more information. 

Northern Trust Adds Blackpool Estate To Portfolio

Northern Trust (www.northerntrust.co.uk) is pleased to announce that it has acquired Clifton Trade Park in Blackpool. Northern Trust, advised by B8 Real Estate purchased the site from Murphy Young (advised by GVA).

The modern multi-let industrial estate totalling 34,479 sq ft comprises a mixture of industrial/trade counter units and studio office suites, located at the end of the M55, close to the A5230 and junction 4 of the motorway.

Clifton Trade Park

Clifton Trade Park

The new estate bolsters Northern Trust’s portfolio in Blackpool, who already own Blackpool & Fylde Industrial Estate covering 69,140 sq ft. Tom Parkinson, Director at Northern Trust commented “We have been long term investors in the Blackpool & Fylde area and, with the planned growth of the town at Junction 4 of the M55 this is an excellent addition to our existing portfolio. 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.”

To read the full press release please click here.