CM Downton Sign 20 Year Warehouse Lease with Howard Tenens

Howard Tenens – the national privately owned logistics company have successfully leased Bristol Gateway, the largest speculatively built warehouse development in the South West on a 20 year lease to National Logistics provider CM Downton.

Simon Emms, Property Director at Howard Tenens comments: “The South West is experiencing a high level of demand for industrial property, however there is a tightening of supply. This led to a good level of interest in this property, resulting in letting the property in a short time frame and therefore justified our decision to build speculatively. We are delighted to have secured CM Downton as a long term tenant which proves the suitability of our Sharpness facility as a logistics location.”

Bristol Gateway, set over 169,478 sq ft, was opened in April 2016 by David Hagg from Stroud District Council. Andy Downton from Downton comments: “The immediate availability of the of property presented us with a high quality building that suited our purpose of fulfilling our clients contract, the strategic location of the distribution hub with dual access onto the M5 was seen as a huge benefit to our further business growth”.

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