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LONDON-The Mountcity Group has forward-purchased a new 188,000 sf distribution facility at Yorkshire Forward’s West Moor Park, on junction 4 of the M18 at Doncaster, South Yorkshire. The property is being developed by Teeshep, a joint venture between Teesland Group and Shepherd Developments, and it has been sold for £8 million ($11.6 million).

The deal brings Mountcity’s portfolio of distribution property in South Yorkshire to over £50 million ($72 million).

Teesland and Shepherd have already pre-let the unit, which includes 32,000 sf of offices over three storeys, on a ten-year lease to office equipment specialist Fellowes Manufacturing. Fellowes will use the site as its new European headquarters and distribution centre.

Mountcity Group was advised by Insignia Richard Ellis. Teesland and Shepherd were advised by Jones Lang LaSalle.

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