Panattoni, the largest industrial real estate developer in Europe, has submitted plans for a mega speculative development in the UK.
Panattoni has submitted a reserved matters planning application to Rotherham Metropolitan Borough Council for a 715,000 sq ft speculative development, Panattoni Park Rotherham, consisting of the 630,000 sq ft facility and a smaller 85,000 sq ft facility by junction 1 of the M18 at Rotherham.
The 40-acre Panattoni Park Rotherham is located in an established distribution location, immediately adjacent to junction 1 of the M18 and just two miles from junction 32 of the M1. Local occupiers include Great Bear, Clipper Logistics, DX and FedEx.
Letting agents are Legat Owen, M1 Agency and Knight Frank.
Dan Burn, Development Director for the North West and Yorkshire at Panattoni, said
We look forward to working with all stakeholders through the planning application process with the aim of bringing forward this nationally significant development.
LO Director Matt Pochin commented
Further to the acquisition of the site last year the submission of the planning application confirms Panattoni’s commitment to their speculative build programme of quality distribution sheds.
