Second deal agreed at Langstone Park
- What XLB and Aimco have let a second unit at Langstone Park, Havant
- Why First phase of park has targeted occupiers in the R&D and logistics sectors
- What next Future phases will include buildings capable of operating to net zero standards
XLB and Aimco have secured a second tenant at Langstone Park, the pair’s R&D and logistics-focused business park in Havant, Green Street News can reveal.
Apollo Fire, a specialist manufacturer of fire detection and alarm devices, has taken the 40,429 sq ft Unit Three on a 10-year lease. This acquisition forms part of Apollo’s expansion strategy and will be home to multiple business operations. Apollo is part of Halma PLC, a global group of life-saving technology companies that provide innovative products and services.
The first phase, comprising four purpose-built units for R&D and industrial and logistics occupiers, has now completed. Future phases will comprehensively redevelop the park, providing new business units and industrial floorspace aimed at accommodating a range of uses, which will be capable of operating as net zero carbon.
The buildings delivered so far have achieved BREEAM Excellent and EPC A+ credentials.
Lambert Smith Hampton advised the landlord.
Stephen Wormald, partner at XLB, said: “We are aware of the depth of demand for quality R&D, manufacturing and logistics accommodation within the region and have responded with a contemporary new scheme offering best-in-class sustainable buildings, alongside best-in-class amenities.
“We look forward to welcoming Apollo Fire on site, and they will be a vital part of the growing and thriving community at Langstone Park.
“Langstone Park is meeting a clear and urgent need from occupiers in the south coast market. This recent deal adds to the growing momentum and reinforces its status as a leading cluster for life sciences, manufacturing and light industrial businesses within the region”.