Axis Junction 9 completed and fully let
The half million sq ft Bicester business park known as Axis Junction 9 has let its final buildings to companies The Menu and Arrival.
The companies have taken two logistics and industrial buildings totalling 250,000 sq ft which were forward purchased by Mirastar for more than £30 million in December 2020.
Unit 13, 160,000 sq ft, was pre-let to Arrival ahead of completion in October 2021 while Unit 14, 90,000 sq ft, was pre-let to The Menu ahead of completion in December 2021.
Robert Brophy, Senior Asset Manager at Mirastar comments “The success of the scheme is testament to the need for good quality developments to meet occupational demand and drive employment forward for local and national businesses.
“We’re pleased to accommodate the local expansion of Arrival and The Menu into these Grade A facilities which offer great green credentials built to EPC A ratings and BREEAM Very Good”.
Read more - 4 interesting new sustainable developments on the South Coast
The Menu was founded by Nigel Harris of Absolute Taste and Jason Tanner of Premier Food Service Provider. They work with partners to supply raw ingredients and added value, ready to eat or ready to heat quality food components.
Arrival is an electric vehicle manufacturer founded in 2015. They describe themselves as “a technology company, a product company, a supply chain company, an automotive company, a mobility company, a fintech company and a service company.”
Chris White, Managing Director of White Commercial commented “This is another successful development by Albion Land in Bicester and completion of the scheme and its obvious attraction to occupiers further builds upon the economic growth of the region.
“Arrival and The Menu are excellent internationally renowned businesses and we have been delighted to assist them in their occupational requirements and expansion”.
Read more - Bicester: Businesses snap-up seven units at Axis J9
