US-based distributor PFSweb is to take 107,392sq ft at Mountpark Southampton in a deal with developer Mountpark Logistics.
The warehouse is one of four units, totalling 346,620 sq ft, which Mountpark is building speculatively as the second phase of its Southampton development. The letting to PFSweb is the first deal at phase two and the building is on schedule to complete later this month.
PFSweb is expanding its European operations and the new Southampton facility will be its initial logistics centre in the UK.
“Mountpark Southampton is an ideal location for PFSWeb as we expand our UK business,” said Zach Thomann, Senior Vice President & PFS General Manager. “With the strong ecommerce market in the UK, it is important for PFSweb to supplement its existing UK presence with a localized distribution strategy.”
Mountpark Southampton is within easy reach of Southampton Airport, Airport Parkway Station, Southampton Docks and the M27 Motorway. The park provides a total of 562,074 sq ft and the first phase is fully let.
“This is the fourth speculative building we have let before practical completion at Mountpark Southampton and the site is proving to be an ideal logistics location,” said Tom Kilmister, Development Director, Mountpark UK and Ireland. “We are delighted that this new building suits PFSweb’s requirements and we look forward to welcoming them as the first occupiers on phase two of the development.”
DTRE and GVA acted for Mountpark and PFSweb was represented by JLL.