Arrow Capital Partners is working up plans to develop a 327,750 sq ft speculative logistics development in Bolton.
Arrow Point Bolton, which sits adjacent to junction six of the M61, will comprise two logistics units of 107,500 sq ft and 220,250 sq ft.
The site was acquired in 2020 for Arrow’s €3bn SIRE (strategic industrial real estate) joint venture with Cerberus. Subject to planning consent, completion of the units is expected in the latter half of 2025.
Rob Howe, head of European real estate at Arrow Capital Partners, said: “Arrow Point Bolton will be a modern logistics development with enhanced sustainability measures in a highly desirable industrial location, reflective of our strategy to meet the sustained level of strong occupier demand for industrial space in the North West.
“This project also demonstrates our extensive investment strategy and development capabilities across the UK and Europe, as we continue to expand our portfolio with flexible logistics assets and development opportunities in prime locations.”
Arrow Capital Partners has engaged TFT Consultants, PHP Architects and Stantec to aid in the development of Arrow Point Bolton. The letting agent is B8 Real Estate.
