Customer triples space at SEGRO Park North Feltham
SEGRO has agreed to a new 15-year lease with existing customer AT Communications at SEGRO Park North Feltham, trebling the size of the company’s space at the development.
AT Communications provides video, audio and lighting equipment, along with project management services to production companies in the conference, awards, exhibition, festival, film and TV sectors.
AT Communications moved to SEGRO Park North Feltham in 2017 and has since experienced significant growth. This has resulted in the company upsizing from its current 8,760 sq ft premises to a new 26,518 sq ft facility, facilitating further expansion and providing the base to deliver even greater service to its clients throughout London, the South East and the UK as a whole.
In line with the Responsible SEGRO commitment to Champion low-carbon growth, the new facility is targeting a BREEAM Excellent rating and equipped with a variety of sustainability features. This includes the installation of PV panels, along with EV charging points to encourage employees to reduce their carbon footprints in their commutes to work.
The leasing increases the total occupancy rate at SEGRO Park North Feltham to 97.3%, demonstrating the enduring customer demand for industrial warehouses.
Andrew Thomas, Managing Director of AT Communications, said:
“Following on from a highly successful seven years in our previous premises, we’re continuing to evolve and develop our business. We’re delighted to extend our relationship with SEGRO, and our fantastic new London premises provides us with a terrific platform for further growth. We look forward to many more years of success there.”
Gareth Baker, Director, Western Corridor at SEGRO, said:
“We are always pleased when a successful customer expands its business with us. Our warehouses have been built with flexibility in mind, allowing us to welcome businesses of all sizes and empowering customer growth.
“SEGRO Park North Feltham presents a unique opportunity for businesses to locate to an incredibly well-connected estate, with both local and global access for diverse operations.”
SEGRO Park North Feltham is a highly sought-after West London industrial estate with unrivalled connectivity to Central London and Heathrow. Offering flexible and high-quality spaces from 4,000 sq ft, SEGRO Park North Feltham is home to a diverse range of businesses, big and small.
About SEGRO
SEGRO is a UK Real Estate Investment Trust (REIT), listed on the London Stock Exchange and Euronext Paris, and is a leading owner, manager and developer of modern warehouses and industrial property. It owns or manages 10.8 million square metres of space (116 million square feet) valued at £20.6 billion serving customers from a wide range of industry sectors. Its properties are located in and around major cities and at key transportation hubs in the UK and in seven other European countries.
For over 100 years SEGRO has been creating the space that enables extraordinary things to happen. From modern big box warehouses, used primarily for regional, national and international distribution hubs, to urban warehousing (including data centres) located close to major population centres and business districts, it provides high-quality assets that allow its customers to thrive.
A commitment to be a force for societal and environmental good is integral to SEGRO’s purpose and strategy. Its Responsible SEGRO framework focuses on three long-term priorities where the company believes it can make the greatest impact: Championing Low-Carbon Growth, Investing in Local Communities and Environments and Nurturing Talent.
Striving for the highest standards of innovation, sustainable business practices and enabling economic and societal prosperity underpins SEGRO’s ambition to be the best property company.