Battery manufacturer expands at Peterlee industrial estate with decade-long lease

A designer and manufacturer of rechargeable batteries, chargers and battery maintenance equipment has more than doubled the size of its operations in Peterlee.

Alexander Technologies has taken Units 1 and 2 at Doxford Drive on South West Industrial Estate, on a 10-year lease. The manufacturer is already based on the estate but required larger premises due to an increase in business.

Richard Scott, partner in Cushman & Wakefield’s logistics and industrial team in Newcastle, said: “We are pleased to have facilitated Alexander Technologies expansion in Peterlee and secured an important letting for our clients following their refurbishment of the units.”

The units 1 and 2 comprise 40,000 sq ft in total and Alexander will be undertaking a comprehensive fit out before occupying later this year.

Cushman & Wakefield’s Newcastle office and joint agents Naylors agreed the letting on behalf of landlord, Logicor.

Richard Phillips, portfolio director at Logicor, concluded: “At Logicor we always strive to listen to our customers and work with them, and our appointed agents, across our UK network to best facilitate their needs.

“We are delighted that we were able to perfectly accommodate Alexander Technologies expansion requirements on Doxford Drive.”

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