John Lewis leases small warehouse to serve Southampton
20 August 2018
Retailer, John Lewis, has completed on the pre-let of Unit 3 at South Central, Southampton, at £9 per sq ft, on a 15-year lease, from Peel Logistics and Rockspring.
The 46,353 sq ft build-to-suit warehouse facility within South Central will enable John Lewis to deliver a new customer delivery hub service, with additional capacity to service Southampton and the wider south coast region. This facility will replace the retailer’s existing warehouse provision, located nearby in Southampton city centre, with the full relocation expected to be completed by April 2019.
James Haestier, director, Industrial and Logistics at Colliers International, who advised John Lewis says: “There is a distinct lack of industrial space in Southampton. At South Central, John Lewis has successfully collaborated with Peel Logistics to strategically build a facility to its exact needs and design.”
South Central is a new 205,935 sq ft industrial warehouse development comprising three units that were constructed in July 2018. It is adjacent to J3 of the M27 / M271 motorways.