Ice rink redeveloped as warehouse

By Liza Helps Property Editor Logistics Matters

THE JOHN Nike Leisure Centre made up of an ice rink and dry ski slope is being redeveloped as warehouse space following planning approval earlier this year.

The scheme underpinned  by Bridges Fund Management and being brought forward by Barwood will see the development of a single, 52,097 ft2, industrial and logistics building.

Known as ECO52, the facility on the 3.2 acre site will boast market-leading ESG credentials, targeting EPC A+ and BREEAM Excellent ratings and Net Zero in operation.

Bridges Fund Management Partner Henry Pepper, said: “We know that there is strong demand for highly sustainable logistics space that can help occupiers reduce their operating costs and support their ESG goals. We’re delighted to have the opportunity to revitalise this vacant site with a much-needed industrial development that will create jobs and support local economic growth.”

Barwood, Asset Management Director Adam Smith, added: “Bracknell is starved of supply for new Grade-A logistics space and ECO52 is well placed to capitalise on the high level of sustained occupier demand we are seeing. Once delivered, it will present as the only 50,000 ft2 option available in the area.”

Joint agents appointed to the scheme are Hollis Hockley and Hatch Real Estate.

The scheme is located on the A329(M) between Bracknell and Reading, just five minutes from Junction 10 of the M4 motorway and ten minutes from Junction 3 of the M3.