Bedford Link Logistics Park now “Fully Let”
On behalf of London Metric and Graftongate, Adroit Real Estate Advisors have now fully let Bedford Link Logistics Park .
The most recent deal to Movianto at Unit 1 of 355,000 sq ft on Phase III concludes nearly four years of development and means we have delivered over 500,000 sq ft of deals this year with Carlton Packaging acquiring the 172,195 Unit 2 earlier in 2021. Both units were pre- let prior to practical completion.
“These transactions indicate both the strength of the current logistics market in Bedford and the wider South East but also confirms that careful analysis into design and size are paramount at the early stages of a scheme to ensure buildings let quickly in this dynamic market” commented Lloyd Spencer of Adroit Real Estate Advisors
“Adroit Real Estate Advisors have been on a journey with our clients at Bedford Link and it’s gratifying to see that sound advice, sometimes hard to hear and say, has resulted in such a successful conclusion for all parties” said Steve Williams of Adroit Real Estate Advisors
“London Metric and Graftongate are delighted with the success of the scheme. We’ve worked closely with our advisors to shape the scheme and design buildings to fit modern occupier needs. They not only provide excellent logistics space but also offer sound environmental credentials and staff wellness and welfare facilities. Thanks also goes Bedford Borough Council for their support through the development” said Sam Pringle of London Metric.
Bedford Link Logistics Park comprised 3 phases of development starting with buildings of 50,000, 36,000 and 106,000 sqft. Two were pre-let with the 50,000 sq ft letting within 3 months of practical completion.
Adroit Real Estate Advisors worked jointly on the scheme with DTRE and BNPP.
For more information or if you are looking for more logistics space in the area contact Lloyd Spencer or Steve Williams