Industrial real estate developer Panattoni, is speculatively developing a 142,000 sq ft logistics facility at Panattoni Park in Borehamwood.
The new development will complete the 17-acre Panattoni Park Borehamwood which is located inside the M25, less than a mile from the A1 and two miles from junction 23 of the M25.
The developer said this week the site, which is expected to be completed in the third quarter of this year, is a “prime opportunity for occupiers looking at serving the London and south east markets”.
The development will have a 48m yard, 13 dock doors, 6 level access doors, 94 car parking spaces and 15m of clear internal height.
It will be built to a targeted BREEAM rating of ‘Very Good’ and an EPC rating of ‘A’ and have EV van and car charging points, 15% roof lights, LED lights and rain water harvesting systems.
Buckingham Group Contracting has been appointed main contractor. The first phase of development at the park includes a pre-let, 36,000 sq ft facility for UK Power Network and a 159,000 sq ft facility, which is available for occupation.
Anthony Watkins, development director at Panattoni, said: “Panattoni Park Borehamwood is a fantastic location for an urban logistics occupier serving London and an excellent base for a national logistics operation requiring access to the south east."
