commercial property lambert smith hampton

News - 08/04/2015

LSH lets 10,000 sq ft Eagle Point, Fareham, to local success story

In a market that is seeing considerable occupier interest from outside the region, Lambert Smith Hampton was delighted to secure an expanding local high tech company as the tenant for 10,000 sq ft at Eagle Point, Segensworth on behalf of Greenhills Asset Management.

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Smoothwall is a global internet security company with a centre of technical excellence going from strength to strength that was looking to expand. The open plan nature of the space available at Eagle Point, along with its excellent connectivity, made Smoothwall a perfect fit.
Andy Hodgkinson, Director of Office Agency for LSH, comments: We decided to let Eagle Point on a floor by floor basis and secured Smoothwall for the first and second floors well ahead of plan, which is indicative of the level of demand in the market at present. Negotiations are also underway to let the remaining 5,000 sq ft of ground floor space to another technology company.”
Michael Marks, Smoothwall’s Operations Director, explains what the move means for the company: “With the challenge of new markets and new products, we needed a flexible location with easy access, plenty of room for growth and an open plan environment that we could really make our own. Fareham and the surrounding Southampton and Portsmouth areas have always provided us with a wealth of excellent technical skills, which we intend to continue using as we expand our development and technical teams.”

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