Evander and Rockspring announce acquisition of development site in Southampton

Evander Properties, a specialist developer and asset manager of logistics and industrial property throughout the UK, have today announced the acquisition of a new strategic development site in Southampton with funding provided by Rockspring Property Investment Management.

The site of 17 acres at Test Lane, Southampton, fronting the M271 is capable of delivering build to suit warehouses up to 250,000 s ft.

Speaking about the announcement, Evander Managing Director Jeremy Greenland said “We’re very pleased to have made this land acquisitions with Rockspring. The site offers a key edge of conurbation location with excellent prominence and access. We will submit detailed planning applications shortly and commence marketing.”

Also commenting, Paul Crosbie, Director, Rockspring said: “This acquisition follows our defined strategy of actively sourcing strategic industrial sites in under supplied markets. The site is prominent and well located on the edge of town which, with the benefit of planning, can quickly be developed to create space which meets the needs of occupiers.

We look forward to working with Evander to unlock the exciting development site”.