Deals at business park as squeeze continues

Tom Holloway, director of Holloway Iliffe & Mitchell
Tom Holloway, director of Holloway Iliffe & Mitchell

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COMMERCIAL agents Holloway Iliffe & Mitchell completed three transactions on the sought-after Segensworth Business Park as the squeeze on small and medium-sized industrial space continues.

McWilliam Technology, a family-run business, acquired a 3,000 sq ft warehouse and storage at Unit B4 as part of its expansion plans.

McWilliam Technology has provided windsocks and masts across the world for over 25 years.

A mix of offices and light industrial space at Unit B2 was acquired by Internal Environments (Southern), providers of air conditioning and ventilation for the retail, commercial and industrial clients.

The offices and small warehouse facility at Unit D3 were taken on a short-term lease by specialist trainer Robert Peel International.

Holloway Iliffe & Mitchell director Tom Holloway said: ‘We are continuing to see a reduction in quality industrial and office locations on the south coast and these three deals had numerous interested parties.’

McWilliam Technology director, Tom McWilliam, added: ‘As we were already based in Segensworth, it made perfect sense to acquire a unit on the business park rather than move off site.’