Delancey Real Estate has secured a pre-let to Polymax at Proxima Park, its Grade A industrial and logistics development in Waterlooville.
Polymax has taken the 43,000ft² Unit 520, committing to the building during construction. The new unit provides Polymax with a future-proofed headquarters from which it can continue to expand, whilst supporting the company’s sustainability credentials.
An established international manufacturer and distributor of rubber products, Polymax has more than 50 years’ experience and is one of the UK’s largest distributors of standard rubber products.
The letting coincided with Practical Completion of Plot 500 this month, which has delivered two new detached Grade A industrial and logistics units.
Alongside Unit 520, the development has also delivered the 51,000ft² Unit 510, which remains available to let.
The latest milestone continues the strong leasing performance at Proxima Park, where approximately 200,000ft² of Grade A industrial and logistics space has been delivered since 2020.
Development began with Phase 1, which delivered 13 units ranging from 3,000ft² to 20,000ft², all of which are now fully let, alongside a 45,000ft² design-and-build facility for Coopers Fire.
In 2022, the next phase of speculative development delivered the detached 42,000ft² Unit 320, which was subsequently let to Kite Packaging.
