MX Park, Maple Cross
Denham Way, Rickmansworth, WD3 9XD
In September 2020, Levy Real Estate successfully acquired an 8 acre site in Maple Cross on behalf of a JV between Barwood Capital & Ashford Developments. The acquisition spanned over several years with Levy initially identifying the site and then proceeding to investigate the different avenues to reach an agreement suitable for all the involved parties.
After many permutations and changes to the deal structure, Richard Ashford & Barwood Capital entered into a joint venture with the site being acquired for circa £16m.
A planning proposal has now been submitted to develop 2 brand new units in a scheme totalling 178,500 Sq. Ft.
Both Simon Higgins and Jeremy Grundy have worked closely with the joint venture partners and expect to see the new urban logistics facility ready to market in 2021.