Tritax Symmetry has leased a 271,227 sq ft spec built unit at Symmetry Park, Bicester, to logistics and supply chain solutions company syncreon.
The first phase of the park is now fully let following the 15-year lease the developer agreed with DP World-owned syncreon on Unit C. The net zero carbon in construction unit was completed by A&H Construction in December last year and incorporates significant PV solar panel generation as well as EV car charging points.
Tom Leeming, development director at Tritax Symmetry, said: “Since we first broke ground here at Symmetry Park Bicester in 2017, we have closely worked with Cherwell District Council to attract more businesses, provide growth opportunities to existing businesses in the town and attract considerable capital investment of over £100m to the area. Today, the park is home to a host of premier businesses. In addition, we have a further 16-acres to develop as part of phase three.”
Tom Parker, EMEA real estate director at syncreon, added: “We are pleased to secure Unit C at Symmetry Park, Bicester, which is another exciting acquisition to syncreon’s expanding UK real estate portfolio. Bicester is the perfect location from which to operate our customer’s national distribution from, relocating from an existing operation in Aylesbury.
“The net zero carbon construction, and on-site renewable energy generation, is an important aspect in DP World’s own sustainability agenda and the state-of-the-art facility reflects positively on our business and brand. We look forward to continuing our relationship with Tritax over the duration of the lease.”
Savills and DTRE are joint letting agents for Symmetry Park, Bicester. The project team includes: pHp architects (architect); Savills (PM); Hydrock (civil and transport engineer); Couch Perry Wilkes (M&E); Feasibility (QS); EDP (landscape architect); Framptons (planning consultant); and Ridge & Partners (sustainability).
