News

Penn Commercial is named joint winner in CoStar’s Q1 2026 ‘Quarterly Deals Award’ in the East of England

Penn Commercial is celebrating being named joint winner of CoStar’s Q1 2026 ‘Quarterly Deals Award’ in the East of England, in recognition of the letting of Unit 5 at Ipswich’s Access @ Eastern Gateway, comprising 4,090 sq m (44,022 sq ft) of high-quality warehouse / logistics space to Cargo Move, acting for developer Hillwood UK. 

Penn Commercial is partnering with national agents, Lambert Smith Hampton and Savills, on Hillwood UK’s  popular Access @ Eastern Gateway scheme, located close to the A14 on Ipswich’s Sproughton Road. 

Most recently, Hillwood UK sold Units 6a and 6b at the site, totalling 1,198 sq m (12,897 sq ft) and 1,694 sq m (18,233 sq ft) respectively, to a local investor. 

This means that only ONE FINAL unit remains on the convenient commercial site – Unit 4, comprising 4,877 sq m (52,491 sq ft). The unit is best-in-class, and is the only brand-new unit that is available for immediate occupation in Ipswich and the surrounding area.

Occupiers already on the estate include Amazon, La Doria, MKM, Headlam and VW.

The CoStar Awards Quarterly Deals winners are determined by the top deals executed every quarter, based on price and square footage.

CoStar Group, Inc. – the leading provider of commercial real estate information, analytics and online marketplaces – says:

"We're delighted to recognise the achievements of our award winners, and to celebrate their hard work and dedication in the commercial property industry."

Access @ Eastern Gateway is Ipswich’s premier industrial and logistics site, strategically located adjacent to Junction 54 of the A14 and approximately two miles west of Ipswich town centre, as well as being convenient for Sizewell C. The scheme provides a total of 14,937 sq m (160,782 sq ft) of new build accommodation for Ipswich, which has been built to the highest specification, including having achieved BREEAM ‘Excellent’ certification and EPC ‘A’. 

Photo Caption: Penn Commercial has been named joint winner of CoStar’s Q1 2026 ‘Quarterly Deals Award’ in the East of England, in recognition of the letting of Unit 5 at Access @ Eastern Gateway, comprising 4,090 sq m (44,022 sq ft) of high-quality warehouse / logistics space to Cargo Move, acting on behalf of developer Hillwood UK. [CREDITS: Hillwood UK / CoStar Group, Inc.]. 

For further information on Penn Commercial, visit the website at www.penncommercial.co.uk

For more information on the Awards, visit: https://www.costarawards.co.uk/about

To find out more about Hillwood and Access @ Eastern Gateway, visit the websites www.hillwoodinvestmentproperties.com and https://accesseasterngateway.co.uk/ respectively. 

ENDS 

Notes to Editors:

Penn Commercial

Penn Commercial was established by Vanessa Penn in 2007 and will be celebrating its 20th anniversary in 2027. 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 media enquiries, please contact: Rachael Jackson / Tel: 01473 211933 / 07471 083167 / This email address is being protected from spambots. You need JavaScript enabled to view it.

CoStar Group, Inc.

CoStar Group (NASDAQ: CSGP) is a leading provider of online real estate marketplaces, information, and analytics in the property markets. Founded in 1987, CoStar Group conducts expansive, ongoing research to produce and maintain the largest and most comprehensive database of real estate information.

CoStar is the global leader in commercial real estate information, analytics, and news, enabling clients to analyse, interpret and gain unmatched insight on property values, market conditions and availabilities. For more information, visit CoStarGroup.com.