9 March 2021
Northwood Urban Logistics is delighted to be working with joint agents Penn Commercial and JLL on a prestigious new trade and logistics development at ‘Crane Park’, on the site of the former Crane plant in Ravenswood, Ipswich. The Park, located next to John Lewis & Waitrose, consists of 19 modern, eco-friendly warehouse units, four of which are under offer and one let.
The 14 remaining units – which will be available from April 2021 – range in size from 2,052 to 51,011 sq ft, and will all be finished to a shell specification, so that occupiers can undertake their own fit-out to suit their specific occupational needs.
Crane Park is located within Ransomes Europark, Ipswich’s largest industrial area, just two miles south of Ipswich town centre. The site’s strategic location means that it is within easy access of junction 57 of the A14, and is ideally connected to rail, port and airport infrastructure.
The Park is also adjacent to a number of well-known brands, including John Lewis, Waitrose, Costa, Audi, Jaguar, Land Rover, Lok’nStore, Volvo and Mazda.
The site employs the latest environmentally-friendly technologies to reduce the costs of occupation. ‘Green’ initiatives include: low air permeability design; electric vehicle charging points; 15% warehouse roof lights increasing natural lighting; high-performance insulated cladding and roof materials; and secure cycle parking.
Vanessa Penn, Managing Director of Penn Commercial, said:
“New product – to this high specification, in such a convenient location – is in short supply within the local area.
"Crane Park is already experiencing strong interest and the competitive rates, resulting from the extensive environmental measures in place, mean that it is proving especially attractive to those looking to relocate or grow their business, within easy reach of the major road, rail, port and airport connections in the East.”
Nick Turner, Executive Director, Asset Management at Northwood Investors, said:
“This high-specification scheme will service the demand for top-quality, flexible units in this part of the region. Within easy reach of the A14, Crane Park offers excellent connectivity, right on the doorstep of the UK’s busiest trading port.
“Crane Park will also provide an important boost for the region’s economy, creating a new trade and logistics hub in the East and generating a range of commercial and employment opportunities.”
Andy Harding, Lead Director - Industrial & Logistics at JLL, said:
“We’re delighted to be marketing these new units at Crane Park, a site of rich heritage in the history of Ipswich’s manufacturing. The units have been finished to an unrivalled standard, and it is no surprise that there has been keen interest already from a range of occupiers.
"The Government’s recent announcement of Felixstowe as having ‘Freeport’ status will no doubt add to the demand for space in this part of Ipswich further. We at JLL are very excited to be bringing this new and exciting development to the market.”
Crane Park, located on Crane Boulevard, will bring new commerce to the site of what was once the town’s largest private-sector employer. Crane set up its large engineering works on 40 acres of heathland at Nacton Road, Ipswich in 1921, and employed thousands in its heyday. Heavy engineering came to an end on the site in 2008.
As a tribute to the company’s legacy within the town, Crane Park incorporates the iconic lozenge-shaped ‘C’ logo from Crane's original branding.
To find out more about commercial opportunities at Crane Park, please contact the joint marketing agents:
Vanessa Penn - 01473 211933 / firstname.lastname@example.org
James Saxby – 07801 667692 / email@example.com
Thomas Bewes – 07783 510830 / firstname.lastname@example.org