Developer Equation Properties Ltd (EQ) and international investment fund BGO are celebrating being named winners of the coveted ‘Deal of the Year over 250,000 Sq Ft’ award with the Orwell Logistics Park scheme at Nacton, Ipswich at yesterday’s ‘Industrial Agents Society Awards 2025’, hosted by Sir Tony Robinson at the prestigious Grosvenor House Hotel in London.
The 1.28 million sq ft letting of Orwell Logistics Park to Sizewell C was one of the largest industrial property deals in the UK in 2024.
National commercial property agent Newmark was also voted ‘Best Agency Initiative’, acting as agent for Sizewell C to acquire the strategic Nacton site. Penn Commercial worked alongside national agents M1 Agency and JLL as disposing agents, acting for EQ and BGO.
Vanessa Penn, Managing Director of Penn Commercial, said:
“It has been a pleasure and a privilege to be appointed by Equation Properties and BGO to market this ambitious scheme, and to work alongside our partners M1 Agency and JLL as the local agent to support the delivery of this key piece of national energy infrastructure.
“Our agency has worked on the development of Orwell Logistics Park for nearly 20 years, when it was first mooted as Orwell Crossing, and the scheme is now fully let to Sizewell C.
“The industry recognition of the Orwell Logistics Park scheme is particularly significant for Penn Commercial, as we continue to work with Sizewell C suppliers and contractors to meet their commercial property requirements across Suffolk.”
Photo Caption: Ipswich’s 1.28 million sq ft Orwell Logistics Park has been recognised at the prestigious ‘Industrial Agents Society Awards 2025’, with Penn Commercial acting as local letting agent for the scheme. [CREDIT: Penn Commercial].
For further information on Penn Commercial, visit the website at www.penncommercial.co.uk
To find out more about Equation Properties and Orwell Logistics Park, go to https://equationproperties.com/projects/orwell-logistics-park/.
ENDS
Notes to Editors:
Penn Commercial was established by Vanessa Penn in 2007 and celebrated its 15th anniversary in 2022. The agency provides a personal and dedicated service, with over 80 years’ combined property experience in East Anglia.
Reinforced by unrivalled local knowledge across all commercial property sectors, including retail, business space, logistics, warehousing, industrial, land, investment and development, Penn Commercial acts for a range of private and public sector clients.
The Penn team is based at Fox’s Marina in Ipswich.
For any enquiries, please contact:
Penn Commercial
Rachael Jackson / Tel: 01473 211933 / 07471 083167 / This email address is being protected from spambots. You need JavaScript enabled to view it.