Alfred McAlpine Special Projects and Carisbrooke Investments have formed a limited liability partnership company to develop more B1 space at the 4.9ha (12 acre) Buckingway Business Park at Swavesey in Cambridgeshire.
The JV, Swavesey Carisbrooke General Partners, has paid £2.4m for the site where six B1 units are already finished and consent exists for another 22,296 sq m (240,000 sq ft) which will be developed on a pre-sale basis. Prices range from £1,399 per sq m (£130 per sq ft).
Nic Rumsey, director of Carisbrooke Investments, says: “We hope that with our knowledge of the local area through development of the Cambridge Research Park and McAlpine’s construction expertise we will be able to respond rapidly to customers’ needs.”
FPDSavills and January’s are representing the partnership.
EGi News 01/02/00
