On behalf of clients LexiconCole has acquired a prime business park office building at Cobalt Business Park from developers Highbridge in a deal worth £4.91m. The modern grade A office building of 30,000 sq ft is within Europe’s largest business park.
Our client had identified a requirement for a grade A office building with asset management angles to improve returns over time. Together with the improving tenant demand we see some excellent property fundamentals in the location’
Occupiers in the building include Balfour Beatty, Barnardos and Det Norske Veritas .