Developers Oceanic Estates have commenced construction of a major new business park development in Southampton designed to provide much-needed space for small to medium-sized businesses and the commercial property team at Keygrove along with Lambert Smith Hampton (LSH)  have been appointed as joint letting agents to the scheme.

Andrew Archibald, Director of Keygrove, says “Adanac North is the first new high-quality light industrial and office development in the area to be built in a decade and is on track for units to be available for occupation in the summer of 2020. The 32 leasehold units at the site in Adanac Drive, next to Ordnance Survey, range from 3,434 to 76,985 sq ft, providing a wide range of sizes ideally suited for small to medium-sized businesses in the industrial, research and development sectors as well as those associated with the nearby Port, Science Park and University.

Andrew continues  “Adanac North is one of the best locations in the region, being at the gateway to Southampton at Junction 1 of the M271 at Nursling between the city centre, docks and the M27. We are confident demand will be high as these new units will meet a gap in the region’s commercial property market that has previously focused on larger warehouse units.”

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