Tesla among new occupiers at Catalyst Bicester

Albion Land has let a combined 53,600 sq ft to Tesla and an unnamed occupier at its Catalyst Bicester development.

Both lettings are in Phase 2 of the 400,000 sq ft development which the developer is building off the A41 at the southern gateway to the fast-growing Oxfordshire town.

Tesla will occupy 24,000 sq ft while the other occupier, a design and manufacturing company, will occupy 29,600 sq ft. The buildings bring the total completions to six. Occupiers already in place include Evolito and EV motor company Yasa, part of Mercedes Benz.

The unnamed occupier has committed to take a further 29,600 sq ft at Building 7 which, along with 38,710 sq ft Building 8, are under construction and due for completion this Summer.

Simon Parsons, director of Albion Land, said: “Momentum is building at Catalyst Bicester with the park’s excellent blend of occupiers, location, power, amenity and facilities.

“It’s a sign of the strength of the park and the location that both Tesla and a further tech-driven design and manufacturing company have chosen Catalyst Bicester and we look forward to attracting more occupiers in the next phase of development.

“We expect our speculative Building 8 to let readily and look forward to bringing forward further phases of development in 2024 to meet sustained occupier demand.”

The site can accommodate occupier requirements of up to 120,000 sq ft. CBRE and Colliers International acted for Albion Land while Tesla was represented by Knight Frank and the unnamed design and manufacturing company by Savills.