CHANCERYGATE SETS SIGHTS ON POOLE HORIZON
Posted on: Dec 16, 2015
Leading industrial developer, Chancerygate, has acquired a 4.36-acre development site from the Standard Life Investments UK Property Fund at Innovation Close in Poole.
The site fronts onto Yarrow Road and will be speculatively developed to provide 89,500 sq ft of warehouse and distribution units.
The scheme will be known as Horizon Park and units will be available for occupation in early 2017 on a freehold or leasehold basis.
Chancerygate Development Manager, Amit Babbar, comments: “This is our second site acquisition on the South Coast this year. It is a location where we are seeing good demand from local and national occupiers coupled with limited supply”.
“We will be developing a multi-unit scheme with units ranging from 1,500 sq ft to 25,000 sq ft.”
Goadsby advised Chancerygate on the purchase. LSH and Sibbett Gregory acted for Standard Life Investments.