International property consultants Jones Lang LaSalle’s Southampton office has sold St Andrew’s Court, Portsmouth to Portsmouth University for £7,350,000.
The 70,650 sq ft facility, which became surplus to Land Registry’s requirements has been acquired by the University as part of their continuing expansion and will be used primarily to house administration staff. Derick Hellier of Hellier Langston, Portsmouth advised the University.
Malcolm Barber said: “We have acted for Land Registry for some years and after comprehensive negotiations it became clear that a sale to the University provided the ideal solution for both parties, ensuring the continuing economic use of St Andrew’s Court for the benefit of the University and the city.
