SALMON COMPLETES FIRST LETTING ON SPECULATIVE CAMBRIDGE INDUSTRIAL SCHEME

March 26, 2019

Salmon Harvester Properties (SHP) has completed the first letting at its 68,000 speculative industrial/warehouse development in south Cambridge, just over a month after practical completion.

Echion Technologies Limited has taken a 10-year lease of the 2,185 sq ft Unit 9 at a rent of £10 per sq ft.

As a Cambridge University spin-out company, Echion specialises in the leading-edge development and production of superfast charging batteries.

SHP internally funded this development project which has a capital value in excess of £12M.

The other 12 units making up the 68,000 sq ft scheme are being marketed by joint agents, Savills and Carter Jonas, who are seeing good interest from high-level occupiers in the Cambridge market.

SHP’s Pat Mahoney said: “It’s always good to get the first unit away and especially to such a dynamic new company as Echion.  Much of the other interest currently is from similar science and technology companies looking for hybrid ‘mid-tech’ accommodation for research, development, manufacturing and distribution. These occupiers require clean and efficient space to house high-end equipment for their skilled workforce and it is this we have aimed to provide on the new estate.”

Latest News

REDEVCO APPOINTS NEW ASSET MANAGER FOR THE UK

February 12, 2025 - 14:08

Redevco, one of Europe’s largest privately-owned real estate managers, has appointed Lauren Chew as an Asset Manager in its UK team. She will be responsible for the asset management of Redevco’[...]

+ Read More

KLM REAL ESTATE APPOINTS TWO NEW ASSOCIATE PARTNERS

February 7, 2025 - 14:24

KLM Real Estate has promoted James Williamson and Henry Gittins to Associate Partner. James joined in 2021 and works in the firm’s retail and leisure agency team acting for landlord clients such as [...]

+ Read More

HATHAWAY DEVELOPMENTS SECURES THIRD PRIME DEVELOPMENT SITE IN 18 MONTHS

February 6, 2025 - 12:00

Hathaway Developments has secured its third logistics and life science scheme in 18 months further expanding its development pipeline to almost 200,000 sq ft with a GDV of approximately £10[...]

+ Read More

CONTACT

CALL US

+44 (0)20 7647 4420

ADDRESS

Wren House, Garden Close Lane, Newbury RG14 6PR