Columbia Threadneedle Real Estate, the real estate investment and asset management specialist of Columbia Threadneedle Investments, announces grant of planning for the delivery of BOX:STN, one of the UK’s largest and most innovative new-build logistics parks in the critically under supplied Greater London and Southeast regions.
BOX:STN is located adjacent to both Stansted Airport and Junction 8 of the M11 motorway, which connects to the M25 17 miles to the south. With excellent connectivity to Greater London, the Midlands, Felixstowe Port and situated immediately south of the Oxford to Cambridge Innovation Arc, BOX:STN will facilitate access to over 80% of the UK population serviced within the HGV drive time directive and will be accessible to 15 million potential employees within one hour travel time, via the national road and rail networks.
Columbia Threadneedle Real Estate is committed to delivering one of the UK’s most significant logistics developments, constructed to the highest specification to satisfy occupier requirements for ‘future-fit’ operational facilities with exemplary sustainability credentials. The logistics park, designed by leading logistics architects Michael Sparks Associates, will be constructed over a phased development programme due to start midway through 2024. BOX:STN will facilitate occupational flexibility, delivering a range of units from 30,000 sqft to 1MM sqft which is unrivalled in the Greater London and Southeast regions, addressing the critical under-supply of new-build logistics units larger than 300,000 sqft. BOX:STN will deliver units with market leading specification including provision for over 30 Mega Volt Amp dedicated power supply, equivalent to 15 Kilovolt-Amps per 1,000 sqft, which will be powered to site early in 2024 and allows the facility for large scale electric vehicle fleet charging.