Commercial property developer Graftongate and Bridges Fund Management, the specialist sustainable and impact investor, are pleased to announce the completion and sale of a new highly sustainable industrial/logistics unit near Southampton.
Nursling 135 is a 135,000 sq ft low-carbon development built on a six-acre site at Nursling Industrial Estate, in a strategic industrial/logistics zone near Jct 3 of the M27. It has been sold to a private investor for an undisclosed sum.
The building is one of the UK’s most sustainable industrial developments, incorporating photovoltaic solar panels, rainwater harvesting, and EV charging infrastructure. It has achieved EPC A+ and net zero carbon in operation, and is targeting BREEAM Outstanding.
Nursling 135 is the first development to be delivered in partnership between Graftongate and Bridges, and follows their joint acquisition of the site in 2023.
Alex Thomason, director at Graftongate, said: “This deal reflects strong investor demand for well-located logistics space, and demonstrates how sustainable development can deliver both environmental impact and commercial value. We’re proud to have delivered a high-quality building in partnership with Bridges.”
Henry Pepper, partner at Bridges, added: “This EPC A+, Net Zero Carbon development is a great example of Bridges’ ongoing commitment to developing highly sustainable industrial buildings, which are increasingly attractive to a range of occupiers and investors looking to reduce operating costs and meet their own Net Zero goals. Our partnership with Graftongate has allowed us to regenerate this underused brownfield site and create a development that will support local employment growth.”
The purchaser was represented by DTRE.
