TopHat, the modular housebuilder backed by American investor Goldman Sachs, is seeking an 800,000 sq ft warehouse to turn into a modular homes factory.
TopHat was chosen last year to deliver houses for Boklok. The business is co-owned by Skanska and furniture and home furnishings legend Ikea.
The search is understood to focus on the East Midlands and Yorkshire, where modular housebuilders like Legal & General already have a presence.
Requirements from housebuilders come as more traditional warehouse occupiers face a growing shortage of floorspace.
According to CBRE, the take-up of logistics space in the UK hit a new peak the spring quarter of this year, with 15 million sq ft let.
The East Midlands saw 5 million sq ft traded, one third of the total, thanks to heavy demand from online retailers.
CBRE said that the bulk of supply in the West Midlands is now second-hand, with a very limited amount of speculative development in prospect.