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Garmin acquires a further 100,000 sq ft of operational space in Southampton to accommodate ongoing growth in Europe

07 03 22 Proximity Warehouse Garmin hero

Acting on behalf of Garmin, a leading global provider of fitness technology and GPS-enabled products, Colliers has acquired a 100,000 sq ft warehouse on Parham Drive, Eastleigh, Southampton to support continued expansion of the company’s existing European HQ, already based in the city.


The warehouse is based in a strategic location within 10 miles of Garmin’s existing facility and is well connected by road, sea, rail, and air.

James Haestier, director in Colliers’ Industrial and Logistics team, commented: “I am delighted to have advised Garmin on the acquisition of additional warehouse premises at Proximity in Southampton as the company continues to expand and offer new technologies to the European market. The demand for mid-sized warehouse units within the Southampton market is very strong at the moment, with a lack of supply so acquiring Proximity within a tough market is a testament to all involved to complete the transaction.”

Nic Bowler, Garmin director of operations EMEA added: “Garmin continues to expand within Europe, and working with Colliers, I am pleased that we have managed to secure the Proximity facility, which provides some much-needed additional warehouse space. The unit, which has been refurbished and is well located, will mean we can continue to offer our customers an excellent service.”

The landlord, Columbia Threadneedle, was advised by Realest.

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Related Experts

James Haestier

Director

Industrial and Logistics

London - West End

James has over 18 years experience in the UK Industrial & Logistics market. His main focus is on the disposal and acquisition of larger distribution warehouses and advising occupier clients within London and the South East.  He is also involved in managing day to day agency instructions, providing strategic disposal advice, acquiring new premises and providing advice on site purchases and development.

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Hannah Zitren

Associate Director

Marketing & Communications

Manchester

I am responsible for media relations and generating coverage in top tier broadcast and print media. I work across a range of Colliers’ UK & Pan-EMEA business lines advising on their strategic and tactical PR needs.

My role includes:

·         Developing and executing PR plans for the various business lines to help promote their key messages across all aspects of the media - print, broadcast and social.

·          Media evaluation and reporting objectives, targets and successes across the business.

·         Reputation management and crisis management.

·         Media training.

·         Media engagement: setting up meetings with top tier media and various internal spokespeople to continuously expand and build a presence with property and vertical media network.

·         Consistently delivering service excellence, meeting with business heads of a regular basis and trying to influence the research as much as possible to ensure our content has a strong enough news hook.

·         Key campaigns that I work on include MIPIM; MAPIC; REVO; Midsummer Retail Report; IHIF; Cities of Influence in addition to a host of all alternative property sector research reports.

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