Warehouse developer Tungsten Properties has secured £26m development funding from Leftfield to deliver Leftfield Park Basingstoke.
The six-acre site on Crockford Lane will provide a new urban logistics development on Chineham Industrial Park, close to junction six of the M3.
Tungsten Properties has achieved planning permission for two mid-box warehouses of 100,555 sq ft (9,341 sq m) and 23,275 sq ft (2,162 sq m) respectively. Photovoltaics and air source heat pumps should help the buildings to be net zero carbon ready and EPC ‘A’ rated.
MCS Build has been appointed to construct the buildings and has already mobilised. Practical completion is due in January 2026. The project is forecast to create 110 construction jobs and 125 in the occupation phase.
This is Tungsten Properties’ second investment deal with Leftfield following its acquisition of the 246,000 sq ft (22,854 sq m) Super W logistics unit at Appleton Thorn in Warrington, which was let to Farmfoods.
Got a story? Email news@theconstructionindex.co.uk
