Three units will be built on a speculative basis at Hillwood Park Crewe totalling almost 800,000 sq ft.

Muse has started infrastructure works on site, which includes main estate roads as well as delivering key services and utilities.

Bob Tattrie, for Hillwood UK, said: “We are delighted to have concluded this significant transaction for this super prime industrial and logistics site, which has the benefit of being capable of starting on site in 2026. It will be one of the largest speculative industrial development schemes in the UK this year.

“With a total capital investment of over £100 million, Hillwood Park Crewe will provide an excellent range of accommodation sizes, with demand seen coming from both the Midlands and North West regions given the site’s prominent links to Junction 16 of the M6.”

Sarah Chicken, Development Manager at Muse added: “We are pleased to welcome Hillwood to the next stage of the project. Their investment reinforces market confidence in the location and supports our long-term vision in creating a greener, healthier and more connected business community that attracts forward-thinking businesses, provides new opportunities for local people and boosts economic growth.”