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Barnsley Miller Pre-funds Dearne Valley Warehouse

LONDON-Barnsley Miller Partnership has forward-funded a 67,000-sf distribution warehouse in the Dearne Valley Enterprise Zone in South Yorkshire through RVB Investments for pounds 4 million ($6.4 million).

By Graham Parker | Updated on August 14, 2003

LONDON-RVB Investments is to forward fund the Midas warehouse project at Fields End Business Park in the Dearne Valley Enterprise Zone in South Yorkshire for £4 million ($6.4 million).

Developer the Barnsley Miller Partnership–a joint venture between Miller Developments and Barnsley Metropolitan Borough Council– is about to start work on the 67,000-sf building, which is is located between Junction 36 of the M1 motorway and Junction 37 of the A1(M). Completion is due mid-December 2003.

The development represents the largest speculative industrial scheme within the enterprise zone and is one of only two current developments of more than 50,000 sf in Yorkshire.

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