THE 55,000 sq ft Boundary43 urban logistics development in Brackley has a new owner.
A private investor has completed the purchase of the scheme from developer Chancerygate for an undisclosed sum.
Chancerygate development director George Dickens said: “This deal is the culmination of years of hard work and expertise to develop Boundary43 and will help satisfy the strong demand there is for prime urban logistics accommodation in the region.”
The site pictured above, on the Buckingham Road industrial estate, houses 14 Grade A units ranging from 2,100 sq ft to 19,200 sq ft. Each has achieved an EPC A and BREEAM Very good rating, are built with high-performance construction materials and benefit from electric vehicle charging points. 15% roof lights to reduce carbon dioxide emissions and occupational energy costs.
Founded in 1995, Chancerygate is the UK’s largest urban logistics property developer and asset manager and the only one operating nationwide. The company has around 2.65 million sq ft of urban logistics space under construction or ready for development across 19 sites ranging from Edinburgh to Chichester.
Mr Dickens said: “The sale is also a testament to our product’s sustainability credentials, flexible sizing and proximity to key infrastructure and transport hubs, all of which are attractive to both investors and occupiers.”