Eastleigh: Oceanic Estates secures largest South Coast industrial letting in four years

Oceanic Estates has completed what is understood to be the largest warehouse letting in the South Coast since July 2009 to Harris Transport. 

Harris Transport, an expanding warehouse and distribution company from Southampton, has signed a 15-year lease at 4 Parham Drive, Eastleigh near Southampton, on a 109,588 sq ft, 12-metre high bay warehouse on approximately four acres. The rent was not disclosed.

Tony Lewis Chartered Surveyors represented Harris Transport. Jones Lang LaSalle and Lambert Smith Hampton represented Oceanic Estates.

Matthew Poplett, head of industrial & logistics in the Southampton office at Jones Lang LaSalle, said: “This is the largest warehouse letting on the South Coast since July 2009 when the building was previously let to Just Data Systems on a short-term lease. There is a lack of supply of good-quality large distribution space within a 30-mile radius of Southampton, and Jones Lang LaSalle is in the position of marketing two of the other four premises which are available over 50,000 sq ft.”