Last unit let at Abrdn's Sussex Junction
SHW, on behalf of Abrdn, has secured a new tenant for Unt 1, Sussex Junction, the last remaining unit in this newly-built logistics scheme.
Brighton and the South Coast are situated approximately 13 miles to the south of Sussex Junction and Gatwick Airport is approximately 15 miles to the north. The site has a draft allocation for employment uses.
The new warehouse / distribution unit comprises 46,500 sq ft located on Cowfold Road in Bolney. Units 2 and 3 were previously let to CGG Veritas.
Tim Hardwicke, Partner at SHW, said: “This latest letting, completing the line up at Sussex Junction, demonstrates that if units have a great specification with high ESG credentials, in the right location for storage and distribution users, with the bonus of unrestricted hours of use, developers will build speculatively, and tenants will come.
“With this in mind, we envisage a similar success for the nearby Panattoni Park in Burgess Hill which is currently under construction and offers units from 10,000 sq ft up to 140,000 sq ft.”
SHW and DTRE acted for Abrdn. Graves Jenkins acted for the tenant.
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