industrial logistics commercial property

News - 11/10/2018

TH Real Estate acquires prime distribution unit – one of the few 100,000 sq ft units available in the South Coast region

One of the largest available industrial/warehouse units in South Hampshire has been acquired by TH Real Estate.

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The 125,255 sq ft unit at Hounsdown Business Park, Southampton has been named Optima 125 by its new owners. The unit has undergone a slab to ceiling refurbishment and is now available for immediate occupation. As well as the usual institutional specifications of the building, outstanding features include a significant power supply, great car parking capacity and a fully installed sprinkler system. TH Real Estate will shortly add further car parking capacity and various environmental features such as electric car charging points and solar panels. Lambert Smith Hampton (LSH) and Knight Frank have been retained by the owners as joint letting agents.

Adrian Whitfield, Director, Industrial and Logistics at LSH’s South Coast offices, said: “It is extremely rare for a unit of this size and quality to become available in the region – we believe Optima 125 is the largest unit of its kind currently on the market. As well as its size and location, the property has a number of outstanding features including a significant 1500kVA electricity supply.

“We are very excited about Optima 125, which we believe will attract substantial interest from potential occupiers working in the port-related, online retail, logistics and warehousing sectors.”

Optima 125 is self-contained on a secure 6.65-acre site with a highly-visible frontage to the A326 dual carriageway. Its immediate neighbours include Garmin’s European headquarters and Ferrari servicing specialist Meridien Modena.

Marcus Langlands Pearse, Director of Property at TH Real Estate, said: “Optima 125 is an institutional quality building with all the bells and whistles.  I was drawn to the location being a stone’s throw from Southampton Docks and the City Centre as well having very easy access to the motorway network.  Given the constraints on available space in the area, we expect there to be considerable interest in the building and we look forward to working with an incoming tenant.”

 

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