Newbury Business Park, Newbury - March 2005
Located 2 miles from Newbury town centre, this 17.3 acre investment opportunity was acquired in March 2005 by a limited partnership established by Moorfield Group.
The Park has 260,000 sq ft of office accommodation with units ranging from 4,000 sq ft to 60,000 sq ft. Occupiers include Vodafone, National Instruments, Enterasys Networks UK Ltd, Nokia Siemens Networks and Mentor Graphics.
Since acquisition, the Park has been re-branded and refurbished and Rivergate House and five other buildings totally circa 110,000 sq ft being sold in 2005 and 2006.
Planning permission was secured for the redevelopment and subsequent sale by Moorfield of a new 25,000 sq ft HQ delivered to National Instruments.
We continue to actively asset manage the remaining 126,000 sq ft.