Member Article

HTA brings 36-acre Stockton development to market

Claymore Investment Management Ltd has appointed specialist industrial and logistics property consultancy HTA Real Estate to sell a 36-acre development in Stockton-on-Tees.

The site, found at the junction of the A19 and Portrack Lane, is located adjacent to Portrack Interchange Business Park.

Russell Taylor, director at HTA Real Estate, explained the significance of the site: “This is a strategically important site, which is situated in a highly visible position fronting onto the A19.

“Portrack Lane is a well-established commercial and industrial location, serving the immediate Teesside area and the wider North East region thanks to its close proximity to the A19, which is a major north-south route serving the area.”

“It could be suitable for a variety of uses subject to planning and is currently earmarked for B1, B2 and B8 uses (office/industrial/warehouse & distribution). It should appeal to investors, developers and end users alike and we anticipate a high level of interest.”

Mr Taylor concluded: “Given the limited supply of new development land in this area and the ongoing shortage of big industrial warehouse premises, this site could potentially help to accommodate large job-creating companies who are looking for space in the region.”

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