The building forms part of Cambourne Business Park's 140,000-sf second phase, which was forward funded with Morley Fund Management for £37 million ($53 million). The building was completed in January 2002, and Campbell's will occupy the space this Summer.
The 750,000-sf Cambourne Business Park is located nine miles from Cambridge city centre. It forms the commercial hub of the new Cambourne settlement, a 1,040 acre scheme of 3,300 houses with associated civic, retail and leisure facilities.
Development Securities' Joint Managing Director Julian said: 'Cambourne continues to show its pedigree as a leader in the Cambridge business park market. Its flexibility and the high quality of its buildings and working environment make it a natural choice for relocation in the region.'
Want to continue reading?
Become a Free ALM Digital Reader.
Once you are an ALM Digital Member, you’ll receive:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
*May exclude premium content© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.