Burgess Hill Development to create industrial and employment space
Industrial real estate developer Panattoni has acquired a 22-acre site in Burgess Hill.
The site is already home to DPD and Roche, and Panattoni is looking to speculatively develop the site to create a range of bespoke units to meet the demand for industrial and employment space for small to medium-sized enterprises.
Panattoni expects to start construction in the fourth quarter of this year with the intention of delivering units to a BREEAM rating of 'Excellent' and an EPC rating of 'A' in the middle of 2023. It will take advantage of the site's outline planning consent to build the units, ranging from 7,466 sq ft to 141,460 sq ft, offering opportunities for both B2 and B8 occupiers.
Tony Watkins, Development Director at Panattoni, said: "We will be offering a wide range of unit sizes to occupiers in an area where there is a critical lack of stock to serve such a big market of consumers".
Letting agents are DTRE, Lambert Smith Hampton and SHW.