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Birmingham Post
Birmingham Post
Business
Tom Keighley

Launch of £3.5m Gemini Point industrial park in County Durham

Gemini Durham County Durham

A new £3.5m industrial park in Peterlee has opened following its completion by developers FI Real Estate Management (FIREM).

The 2.85 acre site of the former Gemini office block now boasts a range of units ranging from 5,400 sqft to 7,400 sqft across a total lettable space of 55,475 sqft. Works have been carried out by Lancashire-based FIREM's construction division in partnership with regional suppliers.

Tim Knowles, founder and managing director of FIREM, said: "Last year, the number of businesses based in Durham reached an all-time high at over 33,000 and this incredible economic growth must be supported by a supply of high quality and well connected commercial space.

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