Penn Commercial celebrates letting of ca. 1 million sq ft at Orwell Logistics Park – one of the UK’s largest logistics deals in 2024
Penn Commercial is delighted to be the local agent on one of the three largest logistics deals in the UK this year, for nearly 1 million square feet at Orwell Logistics Park, in Nacton, Ipswich.
The Penn team has been proud to work with BGO and Equation Properties as joint agents with M1 Agency and JLL to let Phase 1 – comprising two units of ca. 27,984 sq m (301,214 sq ft) and 23,807 sq m (256,255 sq ft) respectively – and to pre-let Phase 2 – comprising two units of ca. 46,451 sq m (500,000 sq ft) and 2,354 sq m (25,335 sq ft) respectively – to Sizewell C, along with 2.16 hectares (5.34 acres) of open storage.
Sizewell C will take immediate occupation of the two Phase 1 units. Construction of Phase 2 will be completed in Summer 2025.
Photo caption: Penn Commercial is delighted to be the local agent on one of the three largest logistics deals in the UK this year, for nearly 1 million square feet at Orwell Logistics Park, in Nacton, Ipswich. [CREDIT: Sizewell C)
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Plot 1 Phase II & Units 7/7A on Lion Barn Industrial Estate, Needham Market SOLD to Sizewell C provider, Flannery Plant Hire
Penn Commercial has arranged the successful sale of Plot 1 Phase II & Units 7/7A Lion Barn Industrial Estate, Needham Market to Sizewell C provider, Flannery Plant Hire.
The industrial units comprise ca. 2,056.75 sq m (22,139 sq ft) on a site area of ca. 0.873 hectares (2.157 acres).
Pictured, Penn Commercial’s Paul Keen (centre) was pleased to hand over the keys to Flannery's Managing Director Martin Flannery (right) and Patrick Flannery.