HBD sells Southend business park unit to pension scheme

By
Liz Hamson

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HBD has sold a 5,614 sq ft unit at Airport Business Park Southend to the trustees of Hammersley Pension Scheme for an undisclosed price.

Unit 5, which is currently occupied by The Event Co, sits within The Quad – a 12-unit scheme within the 25-hectare development.

HBD has now delivered 355,550 sq ft at Airport Business Park Southend, which is a joint venture between HBD and Southend City Council. A further 290,000 sq ft of space is still to be brought forward at the site, 77,108 sq ft of which has planning consent.

Ed Hutchinson, managing director of HBD, which is part of Henry Boot, said: “HBD developed The Quad for SMEs, providing modern Grade A space within an established business location and alongside facilities including the Launchpad to encourage innovation, collaboration and idea-sharing. The Quad has proven a very successful scheme and it’s positive to see start-ups and SMEs continuing to thrive at Airport Business Park Southend, creating new jobs and opportunities.”

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