Clearbell Property Partners III LP, a fund managed by Clearbell Capital, has announced the practical completion of phase two at LOC8, a multi-let industrial estate situated at Junction 8 of the M20 in Maidstone, Kent.
This latest phase adds 186,900 sq ft of high-specification, sustainable industrial and logistics space across seven units, strengthening LOC8’s position as a key industrial hub in the South East.
Technical Fixings Solutions, a supplier of construction fixings, is the latest to secure space in phase 2, taking 15,600 sq ft.
It joins previously confirmed occupiers, including Nivek Catering Supplies, which has taken 20,700 sq ft to support its commercial kitchen equipment distribution; Huws Gray, a builders’ merchant occupying 25,100 sq ft; and Ocura Healthcare, a specialist in medical equipment, which has leased 31,500 sq ft.
These businesses add to the estate’s diverse and thriving community, each contributing unique expertise and reinforcing LOC8’s reputation as Maidstone’s flagship employment site.
There are now just three units remaining to let, ranging in size from 25,600 – 36,400 sq ft.
Each unit in phase two is built to a BREEAM “Excellent” standard, achieving EPC A+ ratings, with sustainable features such as solar PVs, EV charging points and gas-free infrastructure.
These high-performance specifications allow occupiers to run their operations on renewable energy generated on-site, contributing to cost savings and a reduced carbon footprint.
In line with its commitment to environmental stewardship, LOC8 also includes extensive biodiversity initiatives, with 12 acres dedicated to natural habitats, nearly 28,000 new trees and shrubs and three wildlife ponds, achieving a 10% biodiversity net gain.
Phase one of LOC8, completed in May 2023, set a strong foundation for the estate with its environmentally friendly design and swift achievement of full occupancy.
The uptake in phase one highlighted the demand for quality, sustainable industrial space in a strategic location and provided a varied mix of occupiers across manufacturing, logistics and technology.
Strategically located adjacent to Junction 8 of the M20 and with easy access to a broad regional workforce, LOC8 offers seamless connectivity to key trade routes, including the Thames and Channel Ports, Eurotunnel and major logistics hubs across the South East.
The estate also provides an electric bus service and cycle lane connecting to Maidstone town centre, further promoting its sustainable ethos.
Toby Saul, director at Clearbell Capital, said: “The completion of phase two is a significant milestone for LOC8, and the recent uptake of almost 100,000 sq ft demonstrates the strong demand for modern, sustainable industrial spaces in this location.
“With only three units remaining, we expect interest to continue, particularly given the strategic positioning of the estate and its green credentials.
“As businesses increasingly prioritise sustainability, LOC8’s renewable energy features offer an attractive solution for occupiers looking to reduce their environmental impact and operating costs.
“We are proud to be providing a high-quality, future-proofed environment that supports a diverse range of businesses while fostering a more sustainable industrial sector in the South East.”
Clearbell purchased the site in 2020 as part of its existing portfolio of multi-let and mid-box industrial developments to meet increasing demand for industrial and logistics assets, including from multinational corporations, manufacturers and logistics operators. Clearbell was advised by CBRE and Caxtons.
