Leading industrial development and asset management company, Chancerygate, has acquired a 21,757 sq ft warehouse on Yarm Road Industrial Estate in Darlington – from EE for an undisclosed figure.
Chancerygate is undertaking comprehensive refurbishment of the former data centre for warehouse/industrial use. Sanderson Weatherall and Connect Property North East have been retained as the joint letting agents to market the building.
Chancerygate Asset Manager, David Tyson, comments: “This is the fourth and final acquisition that we have completed as part of a deal to purchase a number of EE data centres across the UK. The local market currently offers very limited new build or refurbished stock and we are confident that this product will appeal to local occupiers”.