Acting on behalf of the Marshgate Group, Coke Gearing Consulting and Knight Frank are pleased to announce a new speculative development at Horizon 120 in Braintree, Essex, that has been forward funded by clients, CBRE Investment Management.
Situated on a 7.7-acre site, the development – to be named Hyperion – will comprise three B8/E Class units (ranging from approximately 30,000 to 70,000 sq ft) and will be developed by the Marshgate Group. Work has commenced on site with delivery expected in Q4 2022.
These high specification warehouse units (EPC rating A & BREEAM ‘Very Good’) will complete Zone C of the total 65-acre Horizon 120 scheme and will see delivery of some 425,000 sq ft of new development in 2022.
Following the recent transaction on Plot 4 to Aberdeen Standard Investments, it is further proof of the attractiveness of this location to investors and occupiers alike.
Coke Gearing Consulting are joint letting agents with Knight Frank. For further information please contact Paul Fitch or Richard Coke.
