Royal London Asset Management Property has let a 63,000 sq ft unit at Quest 271 in Nursling, Southampton, to wholesaler CLF Distribution.
There are two further units of 51,000 sq ft and 45,0000 sq ft available at the site, which is located three miles from the Port of Southampton.
Royal London Asset Management Property acquired the former office and print facility and redeveloped it in partnership with Salmon Property.
Matthew Barnes, senior asset manager at Royal London Asset Management Property, said: “We’re delighted to welcome CLF to Quest 271, our best-in-class scheme in Southampton. The South Coast logistics and industrial sector has experienced continued growth in occupier demand over the past five years, but supply, particularly of prime space, has been constrained.
“CLF’s investment is a testament to the strength of the location and the quality of the asset we’ve created, alongside our partners Salmon Property. In line with our commitment to provide long-term returns for Royal London members, we are pleased to have delivered a scheme that meets the demand of occupiers looking to future-proof their businesses.”
Paul Stoodley, CEO of Salmon Property, added: “This letting marks the transformation of a redundant site into a thriving logistics destination. CLF’s commitment underscores the strong demand for high-quality, adaptable space in strategic South Coast locations such as Nursling.”
Logan Holiday, managing director of CLF Distribution, said: “Our move to the new premises at Quest 271 sets CLF up with a winning formula to continue on our impressive growth trajectory. The grade A facility will allow us to maximise operational efficiencies and improve staff welfare, all whilst minimising our environmental impact.”
The letting agents for the scheme are Lambert Smith Hampton, Realest and DTRE.
