LaSalle Investment Management, in conjunction with Fasset, operators of the park, has announced the letting of 58,000 ft² (approx. 5,400 m²) of warehouse space in Langstone Technology Park, Havant, Hampshire.
The property has been let for a 20-year term to Peer 1 UK Ltd, a Canadian online hosting provider, as their new flagship data center. The Langstone location will deliver a state-of-the-art facility with 900 racks of data room space spread across four computer room pods, each with a dedicated electrical system room with switchgear and UPS system. PEER 1 will be the first UK based facility to offer scaleable managed hosting, dedicated hosting and co-location services from one central location.
This letting brings the space leased in the last few months at the Park to 109,000 ft², including the recently launched Business Suites; other lettings in the last year include: Scottish & Southern Energy, Kinetics, ITS, CMA, Saacke and Oxbridge Answers.
Andrew Miller from LaSalle Investment Management comments: "Attracting such a high caliber business to the Park is testament to the exceptional facilities, including power availability, and service that we deliver at Langstone. We will be following the progress of PEER 1 and using Langstone in Portsmouth to showcase the quality of our property offer and our ability to accommodate a diverse range of tenants."
Lambert Smith Hampton & Hughes Ellard advised LaSalle & Fasset.
Source: Citigate Dewe Rogerson