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‘PUKKA’ DEAL BY HURST WARNE

Warehouse

110,000 sq ft transaction brings Jamie Oliver to Eastleigh Hurst Warne have just acquired a 110,000 sq ft warehouse in Eastleigh on behalf of Just Data Systems and their client The Jamie Oliver Group. The client asked Hurst Warne to identify a distribution and warehouse facility of circa 40,000 - 50,000 sq ft along the M3 and M27 corridors. Peter Richards, agency partner at the Fleet office, undertook an extensive market search and was able to identify a much larger warehouse building which despite being twice the size of the clients original search was available on terms within the clients original rental budgets. The building was Avalon on the Boyatt Wood industrial estate in Eastleigh and was being offered on competitive terms by Craigard Investments (Eastleigh) Ltd.

Avalon will be used by Just Data Systems to provide warehousing and order fulfilment to Jme Group Ltd. Jme is the new trading arm of the renowned UK chef, Jamie Oliver, offering an eclectic range of products for the home through “Jamie At Home”.

Mike Thom MD of Just Data said “ Avalon ideally suited our logistical and occupational needs and we were delighted that Hurst Warne were able to find us a building twice the size of our original requirement but within our budgeted occupational costs. The additional warehouse space was a bonus to us as there has been significant success and growth of the “Jamie at Home” products business and our latest business projections show that it will not take us long to fill the building for The Jme Group”.

21 August 2009

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