Jaynic has has sold a 7.73-acre site at Suffolk Park in Bury St Edmunds to pub company and brewer Greene King for its new £40m state-of-the-art brewery.
The plot sits alongside the 161,344 sq ft distribution centre that Greene King leased from Jaynic in autumn last year.
Ben Oughton, development director at Jaynic, said: “We are delighted to have concluded a site sale with Greene King for its new brewing operations at Suffolk Park to sit alongside the company’s new distribution warehouse.
“Suffolk Park has been a huge success for Jaynic having exceeded our expectations. It leaves us with a final plot of just 5.3 acres where a reserved matters planning consent has been granted for a 77,000 sq ft logistics building. After this final phase Jaynic will have delivered a total of around 2m sq ft on the park.”
Nick Mackenzie, chief executive officer at Greene King, added: “Brewing in Bury St Edmunds is a core part of Greene King’s DNA. This investment represents a further and significant ongoing commitment to our brewing operations in a town which has such a rich and storied connection with our business and with brewing. As we seek to make our operations more sustainable, our new brewery will future proof our ability to brew our much-loved brands, as we create a thriving modern hospitality business.”
