The development follows Richardson Barberry’s purchase of the site at Western Approach, Bristol, close to the successful 350 acre Central Park.
A new junction on the M49 motorway has prompted interest in the site.
Ten buildings totalling 550,000 sq ft will range from 30,000 sq ft to 105,000 sq ft. Construction will begin in the first quarter of 2018.
Central Park boasts several global occupiers including The Range, DHL, Amazon, Lidl, Farmfoods, Davies Turner and CHEP.
Jonathan Robinson, development director of Barberry, said: “This is a significant development that will create the size of warehouses and business units local, regional and national occupiers have indicated are in short supply.
Highways England will soon begin work to create a new junction on the M49, providing improved access. Motorway works are due to complete in 2019.
Michael Shebson of Delta Properties, owners of Central Park, said: “The mid-box offering will add a new dynamic to Central Park, feeding off the major big-box occupiers already in place. This sale almost completes Central Park and we wish Richardson Barberry every success with their speculative development going forward.”
Knight Frank and GVA acted for Delta Properties.