Sarah Townsend
A scheme to deliver 125,000 sq ft of employment space across 13 industrial units at Artis Park has received a £5m loan from the Cheshire & Warrington Local Enterprise Partnership to spur its delivery.
The financing is the first loan the Cheshire & Warrington Development Fund has made since it appointed real estate consultancy CBRE’s investment advisory team, (part of CBRE Capital Advisors) to manage the fund in early 2020. This was a follow-on to the North West Evergreen Fund and was announced in March.
The £10m industrial scheme is being delivered by a joint venture between the development arm of Eric Wright Group, Maple Grove, and Kier Property Developments.