Business News

Prism Solent Business Park is now fully occupied

Published by
Harry Whittle

Vertical farms specialist, Agventure Farms has leased the first-floor south suite at Prism, Solent Business Park.

The latest lease means Solent Business Park, Whiteley, located on the M27 Corridor between Southampton and Portsmouth is now fully occupied. The 130 acres, Solent Business Park is now home to more than 60 companies employing 5,000 people.

Other occupiers at Prism include residential developer Elivia - formerly Crayfern Homes - and South Central Ambulance Service NHS Foundation Trust, which runs an education centre on site for staff and students on the top floor.

Prism was acquired by Craigard in 2016, with a comprehensive refurbishment of the 29,591 sq ft property over three floors and arranged as two wings either side of central atrium.

Matt Cureton, a Vail Williams surveyor, said: “Prism, a high-quality workspace, is now fully occupied following the letting to Agventure Farms. The suite was fully furnished beforehand so the occupier could move in from day one – this ‘plug and play’ offering is becoming increasingly popular here on the South Coast.”

“It is great to see the building now fully let and having done so well since the pandemic – to achieve lettings on circa 60% of the building since the pandemic began is quite an achievement.”

Vail Williams and Savills acted with Lodders Solicitors in Warwickshire for Craigard; law firm Warner Goodman in Southampton represented Agventure Farms.

Details of lease terms have not been disclosed.

Read more - Nominations are now open for The Business Magazine's South Coast Property Awards

Harry Whittle

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