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Future still bright for business parks
Sep 17 2008 by Tony McDonough, Liverpool Daily Post
BUSINESS parks are still attractive locations for companies, leading industry figures said yesterday.
At the Offices 08 conference in Newport, Rick De Blaby, chief executive of MEPC, said: “Business parks are as varied as real estate itself. You don’t build shopping centres for retailers, you build them for shoppers and the retailers come.
“It's the same dynamic.”
In recent weeks, MEPC has reported a number of significant lettings at its development in Birchwood Park, Warrington.
Transport has been a sticking point for business park developers trying to prove the sustainable credentials of their business parks, but Mr De Blaby said: “Fifty-six per cent travel to Milton Park by car.
“The notion that 90% come by car is just not the case.”
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