Newmarket Business Park is now fully developed with all units complete following a deal with local company Tristel Solutions Ltd. The Tristel unit is the last at Newmarket Business Park to be built out and occupied, taking the Park now to full capacity.
Tristel Solutions Ltd, a highly successful manufacturer of medical hygiene products, is the last company to have taken space at Newmarket Business Park, following the Park’s conception over 15 years ago. Developed by Hamilton Land and funded via CI Industries, Newmarket Business Park is now home to some of the UK’s largest occupiers including the likes of Wickes, Ridgeons, Taylor Wimpey Plc, Smiths News Plc and Cosentino UK Ltd.
The 22,000 sq.ft. letting to Tristel comes quickly following the lease of 15,000 sq.ft. at Unit 100 to Newmarket Harley-Davidson which has recently opened its doors to the public and the letting last year of the 34,000 sq. Ft. new build warehouse to Spanish surfaces and worktop supplier, Cosentino UK Ltd. These new occupiers now take the size of the Park to over 300,000 sq. Ft. making it one of the most successful industrial developments in the region.
Philip Woolner, joint Managing Partner, Cheffins, comments: “Following over 15 years of expansion and development, Newmarket Business Park is now fully-developed following significant deals being agreed throughout 2018. The Park has grown rapidly in recent years and is now home to a range of local, national and global companies.”
The success of Newmarket Business Park is indicative of the strength of the industrial and logistics sector and the demand for warehouse buildings throughout the region. As demand outweighs supply for quality stock, Newmarket Business Park has seen significant rental growth and has become a prime regional location for strategic, industrial buildings. A combination of the Park’s high specification buildings on offer and its location at the heart of the Eastern region within easy reach of the East Coast Ports and trunk road network has cemented its importance to the local economy.
For more information contact Philip Woolner at Cheffins, t: 01223 271910, philip.woolner@cheffins.co.uk