Prominent Office Park acquired by rapidly growing local property company, the EP Group.

EP Properties of the EP Group are now the new owners of Evolution Park in Blackburn, based within one of the most sought after locations in the town.

The acquisition was for an undisclosed price with exchange and completion taking place within 2 weeks of negotiations being concluded.

Evolution Park boasts 44,217 sq ft across the Innovation Centre and Fusion House. Offering Grade A office solutions and its tenants include the NHS, Maintel Europe and Assystem Energy and Infrastructure.

The asset was sold off market and the sellers were represented by PK3 Agency.

“We acted swiftly and decisively to acquire this asset and managed to complete on the deal in line with the timings agreed at the outset. This is a well located asset which aligns well with our investment requirements. Evolution Park is a fantastic edition to the EP Group’s rapidly expanding portfolio of mixed industrial and office assets. We are acquisitive and have further capital to deploy in the market” said Arif Patel of the EP Group.

James Kinsler of PK3 Agency said “Our client is delighted with the outcome and we are pleased with the manner in which EP Group transacted. We wish the new owners all the best with implementing their asset management plans going forwards”.