Leading commercial property developer Stoford and privately owned property company Gallan have signed a 35-acre land promotion and development agreement in West Northamptonshire.
The 34.2-acre site, located off Dockham Way in Crick and a short distance from Junction 18 of the M1 motorway, has the potential to deliver up to 500,000 sq ft of industrial and logistics space across multiple buildings.
The land adjoins the established Crick Employment Area, home to a range of local, regional and national occupiers including Costco and Inspired Pet Nutrition. Stoford and Gallan aim to support the function of this key employment location, situated in the north of the West Northamptonshire local authority area.
This new site complements existing developments promoted by Stoford and Gallan in Crick, bringing the total land under promotion to 140 acres. The companies will be working with Wallis Real Estate, who represented the landowners.
Andy Hartwright, Land Director at Stoford, said: "With a continued and growing need for first class industrial and logistics space in prime locations, Dockham Way offers excellent prospects to help satisfy those needs and deliver the much needed economic growth."
Marty Gallagher, Director at Gallan, added: "We are pleased to add to the 140 acres of promotion and development opportunities that we are working on in West Northamptonshire with our partners, Stoford. Our portfolio offers a variety of sites suitable for a broad cross section of building sizes and uses which will be available to purchase or lease."
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