| US subsidiary at Buckingway |
| Written by Business Weekly | |
| Friday, 26 October 2001 | |
|
A 30,000 sq ft third phase at Buckingway Business Park, Swavesey, has been started by developer Carisbrooke Swavesey General Partner Ltd - and a pre-let on one of the proposed units has already been agreed by an international business.
A 30,000 sq ft third phase at Buckingway Business Park, Swavesey, has been started by developer Carisbrooke Swavesey General Partner Ltd - and a pre-let on one of the proposed units has already been agreed by an international business. Veeco Instruments Ltd has agreed to take 5,295 sq ft unit on a 15-year lease. The company is a UK subsidiary of a major US hi-tech corporation. The 30,000 sq ft third phase development will be split into five self-contained office and R&D buildings ranging from 5,295 sq ft to 7,100 sq ft. Completion is expected next May. The developer, in a joint venture between Carisbrooke Investments and Alfred McAlpine Special Projects, completed the 17,000 sq ft, fully let second phase after starting on site in February of this year. Buckingway already has 10 companies on site including, insurance brokers Denley Gibbs, Rok Communications, Florensis and IFG Life and Pensions. The 12.2 acre business park has potential for 240,000 sq ft with no local user or office restrictions. Most planning consents in Cambridgeshire are limited to occupiers based in the county and those who are undertaking some form of research and development activity. Nic Rumsey, a director of Carisbrooke, said, “We are moving rapidly ahead at Buckingway with the start-on-site of the third phase and the deal with Veeco has confirmed our confidence in market demand.” |
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