JLL acts for Panattoni to fully lease 335,430 sq ft at prime London development
News release
27 September 2022
Panattoni Park Borehamwood fully let
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JLL has advised leading logistics real estate developer Panattoni, in fully letting its flagship London scheme at Panattoni Park Borehamwood. Lease agreements have been signed with one of Europe’s largest television and film production companies on 300,532 sq ft at the Park. This includes the completed phase 1 development comprising 158,532 and a further 142,000 sq ft on phase 2 with construction due for completion before the end of the year.
The scheme is situated inside the M25, less than a mile from the A1 and two miles from junction 23 of the M25. All four units have been built to a BREEAM rating of ‘Very Good’ and an EPC rating of ‘A’ with a host of sustainable features such as EV van and car charging points, 15% roof lights, LED lights and rainwater harvesting systems.
Ed Cole, Head of Logistics at JLL said, “The lettings at Panattoni Park Borehamwood are ground-breaking deals of this scale inside the M25. We had strong interest from logistics operators and data centres vying alongside film studios, reaffirming the strength and diversity of demand for high-quality warehouse space within prime London."
About JLL
JLL (NYSE: JLL) is a leading professional services firm that specializes in real estate and investment management. JLL shapes the future of real estate for a better world by using the most advanced technology to create rewarding opportunities, amazing spaces and sustainable real estate solutions for our clients, our people and our communities. JLL is a Fortune 500 company with annual revenue of $19.4 billion, operations in over 80 countries and a global workforce of more than 102,000 as of June 30, 2022. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit jll.com.