Graftongate and Bridges Fund Management have sold a new circa £40m GDV industrial and logistics unit near Southampton to a private investor for an undisclosed price.
The 135,000 sq ft low-carbon Nursling 135 unit was built on a six-acre site at Nursling Industrial Estate near Junction 3 of the M27.
The building, which features photovoltaic solar panels, rainwater harvesting and EV charging infrastructure, has achieved EPC A+ and net zero carbon in operation ratings, and is targeting a BREEAM Outstanding rating.
Alex Thomason, director at Graftongate, said: “This deal reflects strong investor demand for well-located logistics space, and demonstrates how sustainable development can deliver both environmental impact and commercial value. We’re proud to have delivered a high-quality building in partnership with Bridges.”
Henry Pepper, partner at Bridges Fund Management, added: “This EPC A+, net zero carbon development is a great example of Bridges’ ongoing commitment to developing highly sustainable industrial buildings, which are increasingly attractive to a range of occupiers and investors looking to reduce operating costs and meet their own net zero goals. Our partnership with Graftongate has allowed us to regenerate this underused brownfield site and create a development that will support local employment growth.”
The private investor was represented by DTRE.
