Kier Property commence on site at Logistics City Basingstoke
26 March 2018
Kier Property, the development arm of the Kier Group,
has commenced on site at Logistics City in Basingstoke. This development
will bring new high-quality warehouse and industrial space to the market at
Houndmills Industrial Estate.
The new site, developed under Kier Property's mid-box industrial brand; Logistics
City will be available to let in Q1 2019. The completed site will house
three units; 22,604 sq ft, 36,059 sq ft and 49,514 sq ft, with 28, 49 and 19
car parking spaces respectively, which is being constructed by Kier
Logistics City Basingstoke is 45 miles to the south west of London, adjacent to
Junctions 6 &7 of the M3 Motorway. The closest station is Basingstoke,
where trains direct to London Waterloo take 49 minutes.
Pip Prongué – Kier Property's managing director (South) commented: "We are
delighted that we have instructed Kier Construction to commence works at
Basingstoke. Our industrial brands; Trade City and Logistics City
continue to operate and develop on a speculative basis and offer both leasehold
and freehold solutions to occupiers.
"We see Basingstoke as a key location that aligns with
our strategic growth strategy and we are very pleased to announce works
commencing, bringing economic benefits and jobs to the town."
Marketing agents for the scheme are Hollis Hockley and LSH.