LSH secures large Hampshire offices deal

Posted on by John Cronin

Commercial property agents Lambert Smith Hampton (LSH) have secured what is believed to be the largest office let in Hampshire for 18 months.

fusion officeLSH have announced that aerospace and defence specialists Cobham plc have agreed a 10-year lease on an office block at Solent Business Park, Southampton. Cobham have let the entire Fusion 2 building which offers 43,000 sq ft of floor space.

The Grade A Southampton office space at Solent Business Park consists of 3 self-contained, energy-efficient buildings (pictured). The 3 buildings, known collectively as Fusion, offer a total floor space of 150,000 sq ft. Fusion 1 is a 3-storey, 67,000 sq ft office building that underwent a programme of refurbishment in 2007. There is 50,000 sq ft of unoccupied floor space remaining within the Fusion scheme.

Before Cobham occupy Fusion 2 in April, 2011 the new-build building is to undergo a fit-out. The firm is relocating from 3 other existing offices in Hampshire. Paul McCarter, Cobham plc said: “The Fusion site was chosen for its modern, open plan environment which is designed to the latest environmental standards. Integrating our sites will help to strengthen, standardise and streamline our operations.” Cobham are paying a rental price of £18.25 / sq ft.

Owned and managed by property developers Greenhills, the Fusion campus was previously known as 1000-1200 Parkway. Solent Business Park also contains several other speculative developments including the 17 building Links scheme that was completed in 2005 by collapsed construction company Rok. The business park, managed by Goodman, now covers 130-acres and offers in excess of 2.5m sq ft of floor space.

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