+44 20 7518 8400info@firstap.co.uk

Letting to Capstone, Fareham Reach

Letting to Capstone, Fareham Reach

Unit 800 at Fareham Reach has been let to Capstone Turbine on a new 10 year lease with break at year 5 at a rent that provides new rental evidence across the Park.

Capstone Turbine Corporation, incorporated in 1988, is a California based gas turbine manufacturer that specializes in microturbine power along with heating and cooling cogeneration systems.

The new letting is complementary to both the tenant profile and WAULT of the Park and brings the overall vacancy rate down to 1.0%.