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Panattoni underway with 142,000 sq ft speculative logistics facility at Borehamwood

Panattoni, the largest industrial real estate developer in Europe, has begun speculatively developing a 142,000 sq ft logistics facility at Panattoni Park Borehamwood.

The new facility, will complete the development of Panattoni Park Borehamwood on a 17-acre site which is located inside the M25, less than a mile from the A1 and 2 miles from junction 23 of the M25. This makes it a prime opportunity for occupiers looking at serving the London and South East market.

It is expected to be completed in the third quarter of this year.

The development will benefit from an extensive 48m yard, 13 dock doors, 6 level access doors, 94 car parking spaces and impressive 15m clear internal height. The unit will be built to a targeted BREEAM rating of ‘Very Good’ and an EPC rating of ‘A’ with many sustainable features such as EV van and car charging points, 15% roof lights, LED lights and rain water harvesting systems.

Buckingham Group Contracting has been appointed main contractor.

The first phase of development at the park comprised a pre-let, 36,000 sq ft facility for UK Power Network and a 159,000 sq ft facility, which is available for occupation.

Anthony Watkins, Development Director at Panattoni, said: “Panattoni Park Borehamwood is a fantastic location for an urban logistics occupier serving London and an excellent base for a national logistics operation requiring access to the south east”.

 

Letting agents are JLL and Cushman & Wakefield.

 

For more information please visit the website by clicking here

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