Acting on behalf of Hines, Tim Gilbertson of FHP Property Consultants has let prime new build space at Junction 28 of the M1 at Castlewood Business Park.
The building has been let to enable the continued growth and expansion of Schoolblazer, the uniform and sportwear supplier, who have signed a 10 year lease within a month of the building’s practical completion.
Tim Gilbertson, who acted on behalf of Hines in the disposal, said: “It’s great to see this deal done so quickly after practical completion of the building.
“The building formed part of a portfolio that Hines purchased on a forward funding basis from Clowes Developments, with this being the second deal on the portfolio, which means we have now let nearly 200,000ft² of space for them since their acquisition.
“We wish our new occupier well in the building, which means Castlewood is down to a final unit of 134,000ft².”