Take-up across the M27 corridor’s industrial and logistics market has grown steadily between 2022 and 2025, underscoring the region’s ongoing resilience and appeal to occupiers, according to latest research by South Coast property consultancy Hellier Langston.
Total take-up of units over 10,000 sq ft reached approximately 1.03 million sq ft in 2025, up from around 700,000 sq ft in 2022. The growth has been supported by a number of significant transactions, including the 176,000 sq ft letting to Eaton Aerospace at Daedalus, Gosport, and the 74,000 sq ft letting to Muc Off at Unit 5 Mountpark Southampton.
Analysis of deals in different size brackets found that the 10,000–20,000 sq ft sector has remained the most stable, averaging around 160,000 sq ft of take-up across 2024 and 2025. The 20,000–50,000 sq ft range has seen more variation, dipping to its lowest point in 2023 before peaking in 2025 at approximately 323,000 sq ft. The most dramatic increase occurred in the 50,000 sq ft-plus bracket, where take-up more than doubled — from 205,000 sq ft in 2022 to over 543,000 sq ft in 2025.
Alongside increased activity, prime rents for Grade A space have also continued to rise, climbing from around £11.50 per sq ft in 2022 to £14.75 per sq ft in 2025, reflecting sustained occupier demand and tightening supply across the South Coast.
Matthew Poplett, Director and Industrial Agent at Hellier Langston, commented: “These figures demonstrate the continued strength of the South Coast industrial market and, with further new development planned across the region, we expect this positive momentum to continue.
“It is also worth noting that astute landlords who carry out ‘best-in-class’ refurbishments are being rewarded with shorter voids and higher rents, often exceeding those achieved on new-build space.”
Hellier Langston’s research covers key markets along the M27 corridor including Southampton, Portsmouth, Fareham and Havant and forms part of the firm’s ongoing analysis of industrial and logistics trends across the South Coast.
