Data centre power solutions and AI infrastructure firm AVK SEG has signed a 15-year lease at Fieldstone Developments’ Haydock 140 in Merseyside at a headline rent for the North West of £12.50/ sq ft.
Haydock 140
The 140,000 sq ft facility will be AVK’s first operational base in the north of England.
Haydock 140 forms part of the Haydock Green industrial and logistics scheme. The unit sits adjacent to a newly completed 377,000 sq ft distribution facility pre-let to healthcare logistics specialist Movianto.
“AVK’s requirement was clear: to secure a high-quality, statement facility to establish its presence in the region,” said Jon Thorne, director at B8RE, who advised Fieldstone and is joint letting agent for the scheme along with Colliers.
“Haydock 140 provides the ideal platform to support its continued growth and long-term ambitions, and we are pleased to have secured such an ambitious and fast-growing business as the occupier.”
Fieldstone Developments is a joint venture between Barnfield Construction and a private individual with funding provided by Together Money.
Tim Webber, chairman of Barnfield Construction, added: “We took the considered decision to speculatively deliver a state-of-the-art logistics facility capable of attracting a high-calibre occupier. The strength of the location, combined with the quality of design and specification, has proven compelling, and securing AVK underlines both the depth of demand and the long-term appeal of Haydock as a strategic distribution location.”
AVK was unrepresented in the transaction.
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