Network Space Investments (NSI) has acquired a 103,262 sq ft industrial estate on Grange Mill Lane in Sheffield for £9 million. The estate, located near Meadowhall and junction 34 of the M1, includes four vacant warehouse units with substantial yard space and parking.
NSI plans to refurbish the property to create a modern industrial hub. The space will offer flexible unit sizes ranging from 10,000 to 50,000 sq ft, with eight-metre eaves. The refurbished space will be available by late summer 2025, addressing the tight supply in the local market.
This acquisition is part of NSI’s ongoing strategy to reinvest capital after the recent sale of its Europa Way property in Trafford Park. The company has also made recent acquisitions in Oakhill, Manchester, and Cowley Way, Sheffield, expanding its presence in key regional markets.
As part of its growth strategy, NSI is seeking new investment opportunities across the North of England and expanding its asset management team to support future acquisitions.
