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JAYNIC COMPLETES 840,000 SQ FT WEERTS GROUP WAREHOUSE AT SUFFOLK PARK

JAYNIC COMPLETES 840,000 SQ FT WEERTS GROUP WAREHOUSE AT SUFFOLK PARK

Developer Jaynic has completed construction of the 840,000 sq ft warehouse unit built for Belgian logistics giant Weerts Group International at Suffolk Park, Bury St Edmunds.

US footwear retailer Skechers is occupying 322,917 sq ft in the building with the potential to expand to 430,556 sq ft and it is using it as its UK distribution hub for its retail outlets.

Jason Newman, Construction Director of Jaynic says: “This is one of the largest warehouse units ever built in East Anglia and despite the challenges of the pandemic we have been able to deliver it within a reasonable time frame.”

Suffolk Park is Jaynic’s biggest project to date where it has developed 1.4m sq ft of space in four years after receiving consent for 2.3m sq ft of office, light industrial and warehouse space in 2017.

It has attracted many companies to the park including NHS Supply Chain, MH Star, East of England NHS Ambulance Service Trust, Sealey, Treatt plc and Hermes Parcelnet. It continues to speculatively develop at the park and will have over 200,000 sq ft of warehouse space available in Q3, 2022.

Last year Jaynic was appointed development partner by Mid-Suffolk Council on its 2.45m sq ft Gateway 14 innovation, business and logistics scheme in Stowmarket at Junction 50 of the A14. It has been given Freeport status by the Government and it received planning consent in August this year for the development.

 

 

Article by Jaynic

JAYNIC is an established property company that specialises in promoting land for residential and employment development through the planning process, the implementation of pump-priming infrastructure and development of buildings on a speculative and bespoke basis.

Jaynic has recently been appointed by Mid-Suffolk Council’s development company as joint venture partner on its Gateway 14 site with potential for 2m sq ft of business, warehousing and high-tech innovation space on the A14 at Stowmarket.

Jaynic’s Suffolk Park major employment site in Bury St Edmunds, is now well established. Global flavour and fragrance solutions company Treatt plc recently moved into the 112,000 sq ft first phase of its HQ there. Also, logistics companies are locating on the park with Unipart taking  a 206,000 sq ft warehouse and an 870,000 sq ft warehouse is being built for Belgian logistics group Weerts as its first location in the UK. This follows on from garden furniture import company M H Star taking a 105,000 sq ft warehouse in 2020.

Jaynic has developed the EpiCentre innovation centre for young entrepreneurial and biotech companies on its Haverhill Research Park and is working on a further 1.75m sq ft business park at the former RAF airfield in Shepherd’s Grove near Stanton, Suffolk.

On the residential side, acting on behalf of a landowner, it won a planning consent for a 125 unit residential scheme with 30% affordable housing at Red Lodge on the A14 and sold the site to Barratt Eastern Counties.

Its development activity over the last 25 years has been predominantly focused on East Anglia with schemes in the early years including Cambridge Research Park, Buckingway Business Park at Swavesey, the University of Essex’s, Knowledge Gateway, and Haverhill Business Park.