Avison Young, together with joint letting agents CBRE and Naylors Gavin Black, have secured a major new letting at Integra 61, Durham, acting on behalf of Sunrise Real Estate, the pan-European investor, developer, and asset manager of high-quality logistics properties.
Restore Plc has signed a 15-year full repairing and insuring lease at Connect 84. As part of the Connect development at Integra 61, Connect 84 comprises 84,175 sq. ft (7,820 sqm) of logistics space and is the largest speculative new build project in the North East in the last two decades.
The scheme is made up of five units extending to 640,000 sq. ft, with individual units ranging in size from 43,000 sq. ft to 298,641 sq. ft. The units are built to a high-quality specification, with strong sustainability credentials, including BREEAM Excellent ratings.
Integra 61 is the premier industrial, logistics and manufacturing location in the North East, situated immediately adjacent to junction 61 of the A1(M).
Danny Cramman, Director at Avison Young, said: “This transaction was an excellent end to 2024 for Connect. The units offer best-in-class space for occupiers with excellent access to the A1(M); there is already strong interest in the scheme, and we look forward to achieving further lettings in 2025.”
Jenny Wang, COO and Head of Asset Management at Sunrise Real Estate said: “This letting highlights the significant demand that exists for modern, high-quality logistics properties with strong sustainability credentials in this location. We’re hugely proud of this scheme and look forward to welcoming Restore Plc to its new base in the North East.”
Nigel Dews, Managing Director, Restore Information Management commented “We are excited to have Connect 84 as our new storage centre. This fits nicely with our wider property strategy to continue to provide state-of-the-art storage facilities for our customers which also help with reaching our sustainability targets.”
