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.”

@PORTERFIELDPR

LATEST TWEETS

RT @TonyFarmer13: @Vick_Jepson @emmahayes1 @KellyChambers07 @toxtoby @nickcushing80 @mattbeard02 They may be gone from WSL. Don't let them…

@ PORTERFIELDPR

@PORTERFIELDPR

LATEST TWEETS

RT @MarkKleinmanSky: Exclusive: Peter Simon, the owner of Monsoon Accessorize, has been told by landlords to alter a financial restructurin…

@ PORTERFIELDPR

@PORTERFIELDPR

LATEST TWEETS

RT @HanoverGreen: Great to be part of team winning for Three Valentine Place for best delivered scheme under 35,000 sq ft within London at…

@ PORTERFIELDPR

@PORTERFIELDPR

LATEST TWEETS

RT @HanoverGreen: Great to be hosting a table at the @OASDevAwards today. Always a fantastic event with great support from both clients and…

@ PORTERFIELDPR

Latest News

AVIVA INVESTORS SECURES TWO LETTINGS ACROSS EALING OFFICE PORTFOLIO

May 30, 2019 - 09:31

[...]

+ Read More

IV REAL ESTATE ACQUIRES 50,000 sq ft OFFICE ASSET IN BRISTOL CITY CENTRE

May 24, 2019 - 09:43

IV Real Estate, in partnership with an international fund, has announced plans to comprehensively refurbish and reposition two significant city centre buildings.  The developer and asset manager has [...]

+ Read More

HOTEL CHOCOLAT LATEST SIGNING AT HANNINGTONS ESTATE BRIGHTON

May 23, 2019 - 11:32

Hotel Chocolat is opening a Brighton city centre store at Redevco’s newly redeveloped Hanningtons Estate. The retailer has taken 1,378 sq ft at 19 North Street, next to Oliver Bonas and Watches of S[...]

+ Read More

CONTACT

CALL US

+44 (0)20 7647 4420

ADDRESS

2nd Floor, 20 Berkeley Square House London W1J 6BD