Alpha Park

News - 01/09/2020

DHL leases 84,000 sq ft in Southampton

DHL has leased an 84,000 sq ft industrial unit at BlackRock and Bericote’s Alpha Park in Southampton.

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DHL has leased an 84,000 sq ft industrial unit at BlackRock and Bericote’s Alpha Park in Southampton.

The deal is rumoured to be worth £8m with DHL taking the space at around £9 sq/ft on a 10-year lease.

Jerry Vigus, Director for Capital Markets at LSH comments “We are pleased to have secured DHL on unit 3 amounting to circa 85,000 sq ft which is the last unit on the park. The estate is a perfectly situated last mile distribution location with easy access to the M3 and M27, hence why it has been selected by DHL and the other tenants DX and Charles Kendall. The South Coast Industrial and Logistics market has seen encouraging levels of enquiries and take up during the COVID-19 pandemic from e-commerce companies through to manufacturing businesses”.
 
The building comprises 78,000 sq ft of warehouse space and 6,000 sq ft of office space and has two level access doors alongside six dock level loading doors.

The deal means that Alpha Park, which is next to junction 12 and 13 of the M3, is now fully let with DX Network Services and Charles Kendall occupying the site’s other two units.

Lambert Smith Hampton and BNP Paribas Real Estate acted for Blackrock and Bericote.

 

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