Panattoni is combating the shortage of warehousing along the M23 corridor through strategic developments.
- Two key logistics parks have been completed in Brighton and Burgess Hill.
- These developments underscore Panattoni’s commitment to sustainable building practices.
- The new facilities are tailored for last-mile delivery operations, boosting regional economic activity.
- A severe undersupply of industrial spaces persists despite growing demand in key markets.
Panattoni, a prominent real estate developer, has actively responded to the pressing warehousing shortage along the M23 corridor by completing two significant logistics parks located at Brighton and Burgess Hill. These strategic developments are poised to combat the undersupply of facilities in this key region.
Panattoni Park Brighton, strategically situated near Brighton City Airport and the A27 dual carriageway, features seven units ranging from 19,693 square feet to 55,397 square feet, collectively amounting to 267,074 square feet. Meanwhile, the Burgess Hill park offers 14 units with sizes varying from 8,142 to a substantial 147,408 square feet, totalling an impressive 457,733 square feet. This site spans 22 acres and provides excellent connectivity to the A2300 dual carriageway, A23/M23, Gatwick Airport, and significant local markets.
In addition to their scale, these parks are defined by their strong emphasis on sustainability, achieving a BREEAM rating of ‘Excellent’ and an EPC rating of ‘A’. To achieve these high standards, the buildings feature LED lighting systems that efficiently reduce energy use and costs while incorporating photovoltaic panels to generate 10% of their energy needs.
Oliver Winchcombe, Panattoni’s head of portfolio management and ESG, highlighted this commitment to sustainability, stating, ‘Our commitment to sustainability is reflected in the features we’ve incorporated into our developments, which not only benefit the environment but also deliver significant operational cost savings to our tenants.’
David McGougan, development director at Panattoni, remarked on the importance of these facilities for last-mile delivery operations, especially in the densely populated and economically vibrant south coast region. McGougan stated, ‘These two developments are ideally suited for last-mile delivery operations, serving the densely populated and economically vibrant south coast region.’
Despite the completion of these facilities, the M23 corridor and the broader southeast region continue to face a severe shortage of speculative Grade A industrial and logistics space. This shortage persists despite robust demand from occupiers in these strategic areas.
Panattoni’s developments highlight a pivotal step towards alleviating the region’s warehousing constraints while focusing on sustainability and operational efficacy.
