Craigard Investments lets 69,000 to DBC Foodservice in Thatcham

Southampton based property company Craigard Investments has let 69,000 sq ft at its site at the former GCi building in Thatcham to DBC Foodservice on a 15 year lease. The building will be used to service DBC customers across Southern England.

The site was Craigard Investments first ever acquisition since its inception in early 2005 and this letting justifies their decision to invest in the Thatcham industrial market.

Paul Foster, CEO of Craigard Investments commented: "Thatcham was one of the first properties that we purchased when Craigard began, and I am delighted that we have now agreed terms with a national company, and one with such impressive links. The plan was to redevelop the site and bring more employment back into the local area, which I am glad will now happen. After an impressive first year result of over £30m in transactions, this deal is an indicator that Craigard is firmly stamping its name in the property market, and will continue to grow over the coming year."

Jones Lang LaSalle and Deal Varney acted on behalf of Craigard and Allsop Matcham on behalf of DBC Foodservice.

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