Deals at business park as squeeze continues

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.

Wednesday, 26th April 2017, 5:55 am
Updated Tuesday, 9th May 2017, 6:50 pm
Tom Holloway, director of Holloway Iliffe & Mitchell

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.

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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.’