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Birmingham Post
Birmingham Post
Business
Tom Pegden

Property investor buys second share of £30m trade park

A property investment company has bought another share in a £30 million Nottingham trade park.

Northwood Urban Logistics bought the first phase of the Teal Park trade units last November. Based off the Colwick Loop Road, in Netherfield, that phase is now fully occupied by tenants including Toolstation, Screwfix, Howdens, Trent Valley Windows, Trent Vehicle Charging, Karcher UK and Paintwell.

The same company has now bought the second phase of six trade units from developers Warwickshire-based AC Lloyd Commercial and Nottingham-based Henry Davidson Developments.

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