Thank you for sharing!

Your article was successfully shared with the contacts you provided.

LONDON- J Sainsbury, the UK’s number two food retailer, has been granted planning permission by West Berkshire Council for a 666,534-sf distribution centre at New Greenham Park near Newbury in Berkshire.

The regional distribution centre is a joint initiative between Sainsbury’s Supermarkets and Greenham Common Trust, the not-for-profit body that took over the former cruise missile base in 1997. The distribution centre will occupy 46.45 acres, and construction will begin later this year with completion expected in 2004.

Stuart Tagg, Chief Executive of Greenham Common Trust, said: “Sainsbury’s relocation to New Greenham Park is part of our plan to attract a broad spectrum of businesses, small, medium and large, to the business park. This will provide the Trust with a stable income stream that will benefit the wider community in Hampshire and West Berkshire. The development will bring new employment opportunities, sustain further economic growth and bring increased prosperity to the area.”

FPDSavills and Dreweatt Neate are letting agents at New Greenham Park.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

Dig Deeper

GlobeSt. NET LEASE Spring 2021Event

This conference brings together the industry's most influential & knowledgeable real estate executives from the net lease sector.

Get More Information


Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.