Developer Chancerygate and investor Bridges Fund Management have achieved practical completion on a 132,000ft² urban logistics and trade park on Bankhead Avenue in Sighthill, Edinburgh.
Occupiers at Capital Park already include national builders’ merchant Travis Perkins, workplace technology provider Agilico, and mobile phones and accessories wholesaler Zavi Tech.
The scheme comprises 18 high specification units ranging from 2,770ft² to 17,077ft² and has a gross development value of around £35m.
A further three units at Capital Park are currently under offer, meaning 50% of space at the development is now let or under offer.
The remaining units are available on a leasehold basis and range from 2,770ft² to 12,966ft², with the option to combine units.
Units at the development benefit from electric vehicle charging points, low air permeability design and many feature solar panels.
In addition, the units are constructed from insulated cladding and roof materials to reduce CO2 emissions. These features have enabled the scheme to achieve an EPC ‘A’ and BREEAM ‘Very Good’ rating.
Chancerygate development manager, Andy Farrer, said: “Our intention is to always deliver market leading urban logistics and trade counter assets.
“Capital Park is testament to this approach and we believe the development is an exemplar of this type of accommodation within Edinburgh.
“We have embraced the latest technologies to achieve high quality, sustainable buildings, located strategically to benefit occupiers who demand the best of both.
“We are very pleased to be 50% let or under offer and we look forward to announcing other businesses keen to take advantage of all that Capital Park has to offer.”
