This 3 acre site within the popular Airport Industrial Estate was acquired by Chancerygate in July 2015. Planning permission was obtained for the development of 73,300 sq ft of warehouse and distribution units in a range of unit sizes.
The scheme was forward-funded by a client of Barings Real Estate Advisers (formerly Cornerstone).
Construction of the scheme was completed in May 2017 with two units totalling 23,500 sq ft pre-let to CCF.
Joint Venture Partner
Barings Real Estate Advisers
Total size
75,000 sq ft
Units
8
Development value
£9m
Contractor
Marbank
Architect
Mountford Pigott