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First letting for Panattoni Park Burgess Hill

Panattoni has secured the first letting at its 458,000 sq ft mid-box, last-mile logistics park at Burgess Hill, south of London.

EMED Group has signed a 10-year lease for 35,000 sq ft of space at Panattoni Park Burgess Hill. The speculative development, which is now available to occupy, offering a flexible range of unit sizes from 8,142 sq ft to 147,408 sq ft in single units.

David McGougan, Development Director at Panattoni, said:  “We identified a significant gap in the market for mid-box units, particularly in the 20,000 to 150,000 sq ft range. The response has been tremendous, with high levels of interest from occupiers for these speculative units. It’s evident that there is a critical undersupply of high-quality industrial space in the region.

“Our business model focuses on acquiring sites in areas with limited stock to provide tenants with opportunities to enhance their operations. Demand remains particularly strong for mid box distribution units that enable occupiers to hit their own ESG targets while delivering a high base specification including excellent eaves heights and dedicated parking and yard space”.

It is located on a 22-acre site, fronting the A2300 dual carriageway and provides fast access to the A23/M23, Gatwick Airport, Brighton and the wider south coast markets

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