Butcher’s Pet Care has pre-let a 260,000 sq ft headquarters, manufacturing and distribution facility on a design and build basis at developer Gazeley’s 95 acre G.Park Crick scheme in the Midlands.
The property which has been taken on a 20-year lease will be forward funded by Legal & General on behalf of its Managed Pension Fund. Work on the £38m project will begin on the site in April 2010 and it will be operational in 2011.
M3 and CBRE acted for Gazeley on the letting, while M3 represented the developer on the investment funding. Burbage Realty advised Butchers Pet Care and Knight Frank represented Legal & General Property.