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M40 development completes

M40 development completes

Construction work has been completed on a 173,000 sq ft M40 logistics development.

British Airways Pension Fund and logistics developer db symmetry have announced the completion of two speculative buildings at Central M40 in Banbury.

The completion of unit 7 (95,000 sq ft) and unit 8 (78,000 sq ft) follows on from the first phase of development which saw a newly built 235,000 sq ft logistics and distribution facility let to Hellofresh and a new bespoke 114,000 sq ft headquarters developed for Prodrive Motorsport.

Located by junction 11, Central M40 comprises a total of 70 acres and has detailed planning for a total of 1million sq ft industrial / warehouse accommodation. CBRE, Burbage Realty and Colliers are joint agents for the scheme.

Harry Sadleir, development director at db symmetry, csaid: “With interest in both these newly completed units and the design and build opportunities we are now looking at bringing forward further phases for development.”

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