CIN La Salle Investment Management, acting for the British Coal Pension Schemes, has paid £27.25m for a newly-completed 13,610 m2 office building in Crawley, West Sussex, close to London’s Gatwick airport. The building was pre-let to Virgin Travel on a 20-year lease at £2.46m pa. The building forms part of the Crawley Business Quarter, a 32,000 m2 business park under development by Vanson Developments which, like Virgin, is owned by the entrepreneur Richard Branson. Healey & Baker acted for the purchaser and DTZ Debenham Thorpe represented the vendor.
CIN La Salle Investment Management, acting for the British Coal Pension Schemes, has paid £27.25m for a newly-completed 13,610 m2 office building in Crawley, West Sussex, close to London’s Gatwick airport. The building was pre-let to Virgin Travel on a 20-year lease at £2.46m pa. The building forms part of the Crawley Business Quarter, a 32,000 m2 business park under development by Vanson Developments which, like Virgin, is owned by the entrepreneur Richard Branson. Healey & Baker acted for the purchaser and DTZ Debenham Thorpe represented the vendor.
