Work completes on new sustainable logistics development
Posted by The Editor
Construction work has completed on a new 224,000 sq ft Grade A urban logistics development within the Cross Green industrial area of Leeds.
Called T45 and located on the A63 East Leeds link road, the development comprises 23 units ranging from 4,490 sq ft to 32,635 sq ft.
The scheme benefits from excellent access to Leeds city centre and is close by to junction 45 of the M1. Neighbouring occupiers include Amazon, Premier Farnell, John Lewis, FedEx, Lamborghini and McLaren.
T45 was delivered by developer Chancerygate and specialist sustainable and impact investor Bridges Fund Management. Industrial and logistics developer, owner and operator Indurent agreed to acquire the development in September 2025.
The scheme has been certified BREEAM Excellent and every unit has achieved an EPC A rating as a minimum.
Features for all the units include electric vehicle charging points, air source heat pumps and solar panels providing green energy. The units are also constructed from high-performance building materials to reduce CO2 emissions.
T45 forms part of Indurent's strategy to expand its footprint in key urban logistics locations across the UK, targeting high-quality, sustainable assets with strong occupier demand.
Will Lutton, head of transactions at Indurent, said: “There has been a chronic undersupply of high-quality industrial space in Leeds for many years.
“T45 brings 23 well-specified units into a market with very little of this stock, built to a very high standard, with ESG incorporated into the design ensuring occupiers’ running costs are kept down.”
Founded in 1995, Chancerygate is the UK’s largest urban logistics property developer and investment manager.
In August this year, Chancerygate was acquired by Dream, the Toronto-headquartered global real estate asset manager.
Chancerygate senior development and transactions director, Matthew Connor, said: “We are very pleased to have completed works on T45 and deliver the first multi-let urban logistics scheme of this scale in Leeds for a generation.
“With connectivity to key arterial routes and strong sustainability credentials, we anticipate strong demand in the scheme from a range of businesses operating across the Leeds City Region.”
Bridges is a specialist sustainable and impact investor. Its property funds focus on sectors that support the transition to a more sustainable and inclusive economy, including healthcare, lower-cost housing and sustainable logistics.
Henry Pepper, partner at Bridges Fund Management, added: “We’re delighted to complete this high-quality new industrial scheme. T45’s sustainability credentials were a key part of its attractiveness to Indurent, along with its excellent location.
“There is growing demand from occupiers for industrial units that help to reduce operating costs and carbon emissions, and we expect this to be reflected in a strong level of interest from potential tenants in the Leeds area.”
For more information, search for ‘T45 Leeds development’.
