A NEW tenant has signed up to move into multi-million pound industrial hub Logistics North.
Landscaping material supplier Hardscape Products, currently based in Egerton, will be expanding into a 44,771 square foot unit at the Over Hulton site on a 15-year lease.
It is the first tenant named at the Multiply Logistics North phase, which comprises of 164,000 square feet of office space at the estate.
Tony Oakman, chief executive of Bolton Council, Tony Oakman, said: "This is further good news for Bolton — Logistics North continues to be a success and I am delighted that Hardscape is joining as Multiply’s first occupier.
"The development is the largest industrial site in the North West, in an excellent location, and it is no surprise that companies are choosing it to be their home.
"Securing tenants so quickly to these units shows confidence in Bolton and will bring further new jobs for our residents."
The Multiply phase of the Logistics North scheme is a joint venture between Harworth Group and Knight Frank Investment Management.
The letting was completed just three months after Buckingham Group completed the Multiply phase of the scheme.
Two further units of 62,952 square feet and 55,556 square feet are also ready for immediate occupation at ‘Multiply
Ian Ball, executive director of income generation at Harworth, said: "This is an milestone deal for Multiply Logistics North, marking the start of what we believe will be a fruitful long-term partnership in generating returns for Lancashire County Pension Fund and Harworth Group. We are now keen to maintain this momentum as the remainder of the Multiply Logistics North is developed out over the next two years.”
Hardscape is the latest company to commit to Logistics North after several were confirmed within the last year.
Tennants include Amazon, Aldi, Lidl, MBDA, Komatsu, Whistl, Costa and Greene King.
There are more than 1,500 members of staff employed on the site.
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