Origin has reached practical completion (PC) on the first phase of its £20million ARK development.
The site will now provide 107,000ft² of industrial and logistics space at Markham Vale with Phase one comprising four units; all BREEAM ‘Excellent’ with EPC ‘A’ rating.
Origin is a joint venture partnership between HBD, part of Henry Boot, and Feldberg Capital.
It owns and develops next-generation, ESG-compliant I&L assets in the mid box market and aims to deliver £1bn of high-quality schemes over the next seven years.
Capital Angling recently secured the first unit at ARK, taking 17,050ft² at the flagship M1 industrial and logistics destination.
Phase one comprises four units; all BREEAM ‘Excellent’ with EPC ‘A’ rating,
HBD recently submitted a planning application for the second phase of ARK, which comprises a final 53,000ft² unit.
Managing director of Feldberg Capital, Jamie Acheson, said: “The completion of the first phase of ARK marks an important milestone in Origin’s long-term strategy to build a high-quality, scalable portfolio in the mid box I&L sector.
“This segment continues to show strong occupational demand and resilience and we see significant opportunity to create value through well-located, sustainable developments.
“The scheme sets a strong precedent for what we aim to achieve and it’s fantastic to see phase one completed to budget and ahead of schedule.”
