The redevelopment of Culvert Court will deliver 36,500 sq ft across three modern industrial buildings.
Avanton is ready to start construction shortly and is in conversation with various specialist contractors for the contract.
Bidders are being asked to provide a zero waste strategy statement and their ESG credentials are a key factor in the selection process.
Omer Weinberger, CEO of Avanton said: “This logistics site has fantastic potential, with a range of unit sizes and good accessibility.
“There is a shortage of inner city warehousing especially, and our new logistics complex will meet some of this demand.
“Our investment appetite is not limited to residential development and this site presented an unmissable opportunity.
“We are already experiencing strong interest from occupiers and will be shortly bringing the site to the market to secure pre lettings ahead of completion of the development next year.”