Auspac has taken a speculative a warehouse at Network Bracknell in Berkshire, in a deal which underlines the strength of the Thames Valley market.
The 2,554 sq m (27,000 sq ft) unit was built by Canynge Bicknell and funded by Friends Provident. Auspac has taken a 15 year lease, with no breaks, at £80 per sq m (£7.50 per sq ft).
Savills’ associate partner Andy Stacey, who advised the landlord, said: “This is the best warehouse deal in the western corridor for some time and it shows that the speculative warehouse and industrial market is moving.”
Rogers Chapman was the joint letting agent.
EGi News 09/01/97
