Origin has reached practical completion on the first phase of its £20m ARK development, providing 107,000 sq ft of industrial and logistics space at Markham Vale.
Origin is a joint venture partnership between HBD, part of Henry Boot, and Feldberg Capital. It owns and develops next-generation, ESG-compliant industrial & logistics assets in the mid box market.
Capital Angling recently secured the first unit at ARK, taking 17,050 sq ft at the M1 industrial & logistics destination.
Phase one comprises four units; all BREEAM Excellent with EPC A rating, ensuring occupiers are meeting increasingly stringent ESG expectations.
HBD recently submitted a planning application for the second phase of ARK, which comprises a final 53,000 sq ft unit.
Vivienne Clements, executive director at HBD, said: “ARK was one of the first Origin schemes on site so it’s great to see phase one complete. Markham Vale is a proven I&L location, providing occupiers with excellent transport links and sustainable infrastructure plus a strong local labour supply.
“While supply has increased within the region, there remains a shortage of good quality stock in prime locations; particularly for best-in-class, ESG compliant space.”
Jamie Acheson, managing director of Feldberg Capital, 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.”
