|
 |
 |
|
CPC1 BUILDING AT CAPITAL PARK NOW FULLY LET
Capital & Counties and MPM Properties are delighted to announce that i2, the Cambridge-based technology company have increased the size of their global headquarters by taking a further 8,135 sq.ft. (2,635 sq.m.) within the CPC1 building at Capital Park, Fulbourn.
Capital & Counties has let the last remaining suite in CPC1, Capital Park, Cambridge, to the Commission for Social Care Inspection (CSCI). CSCI has taken 1,001 sq. m. (10,770 sq.ft.) on a ten year lease at £191 per sq.m. (17.75 per sq.ft.). Fit-out is currently underway and they will move in during July.
CSCI are a new government body responsible for the maintenance of standards of private and public social care in both homes and the community generally.
The 4,459 sq.m. (48,000 sq.ft.) CPC1 building is now fully let. Tenants include Smith Woolley Telecom, IP Access, Trillium and major information technology company i2, who also occupy the whole of CPC3, the adjacent 2,322 sq.m. (25,000 sq.ft.) building. i2 recently took a further 743 sq.m. (8,000 sq.ft.) in CPC1 to accommodate their expanding company.
"We are delighted to have completed the leasing of CPC1 in what have been very difficult conditions for the Cambridge office market. This success is due, we believe, to the high quality of Capital Park, its buildings and to our flexible leasing policy. We are now turning our attention to further phases of the development" said Gary Marcuccilli, director of Capital & Counties.
Agents for Capital & Counties were Januarys Commercial and CB Richard Ellis. For more details on the opportunities available at Capital Park call Will Mooney at Januarys Commercial on 01223 315716 or Mike Ayton at CB Richard Ellis on 020 7182 2000.
Gary Marcuccilli Capital & Counties
Tel: 020 7887 7041
Press Release
Margaret Harwood, Capital & Counties plc
Tel: 020 7887 4220
Notes to Editor
Capital Park is a 40 acre business park 3 miles south east of Cambridge City Centre and has consent for a total of 23,226 sq.m. (250,000 sq.ft.) of business space. Over 16,722 sq.m. (180,000 sq.ft.) has been constructed and let and a further 6,224 sq.m. (67,000 sq.ft.) is available for development. Capital Park is a joint venture between Capital & Counties and MPM Properties.
Capital & Counties
Capital & Counties is a wholly owned subsidiary of Liberty International PLC, and controls property investments worth around 850 million. This includes significant holdings in Central London, particularly the West End, Mid Town and the South Bank. The company also owns offices around the M25 as well as major retail interests both in Central London and a number of UK cities. As well as its UK interests, Capital and Counties has a US property company based in San Francisco with assets in Northern and Southern California. Liberty International PLC is a major UK listed property group owning 100 per cent of Capital & Counties and Capital Shopping Centres PLC, the leading UK regional shopping centre business. Property assets under management, including partners and interests, amount to over 5.0 billion.Liberty International has been listed on the London Stock Exchange since July 1992 and is also listed on the Johannesburg Stock Exchange.
|
|
|
|
|
|
 |
|
|
|
