Commercial property developer and investor Barberry Industrial has secured planning consent for a £17 million ‘best in class’ industrial and logistics development in the West Midlands.
Barberry’s plans to deliver a 77,750 sq ft Grade A distribution and manufacturing unit on the last available site at Quinton Business Park, Birmingham located off Junction 3 of the M5 have been approved by Birmingham City Council planners.
The development will have a focus on sustainability, built to exceptional ESG standards, targeting EPC A+ and BREEAM Excellent accreditation, including electric vehicle charging points, solar panels, green initiatives and wildlife walks around the site.
Construction of the new unit – known as Barberry Midbox 78 – is expected to commence on site later this year and will be available to let or for sale.
Barberry – one of the UK’s leading developers of mid-box industrial units – acquired the site last year, exchanging contracts within two weeks of instructing solicitors.
Barberry development director Jon Robinson said: “We are very grateful to gain the full support of Birmingham City Council’s planning committee and we are excited to begin another outstanding speculative warehouse development.
“Our development of a best-in-class unit will help to address the ongoing shortage of new, high quality mid-box industrial/logistics accommodation in the West Midlands. Our building is designed to enable businesses to reduce their carbon footprint and deliver financial savings across their operations.
“Barberry always strives to create flexible space that can be adapted to suit a wide range of occupational specific requirements while also promoting staff wellness, and high-quality accommodation that local, regional and national businesses need in order to expand their operations within the Midlands, delivering new jobs and attracting investment.”
He added: “This latest significant investment by Barberry demonstrates the strong financial position of the company and our continued commitment to the mid-box industrial and logistics sector in key strategic grade A locations.”
Savills and M1 Agency are the retained agents acting for Barberry. Quinton Business Park is an established and prestigious business park situated adjacent to junction 3 of the M5 and on a main arterial route (A456) five miles south-west of Birmingham city centre. It hosts a range of corporate occupiers including Johnson Controls, the Secretary of State for Levelling Up Housing and Communities, Wates Construction, the Highways Agency, VTG Rail, ADT, Lindner Prater and Serco.
Barberry has a 2.6 million sq ft industrial/logistics development pipeline with a Gross Development Value of more than £430 million and a growing income-producing commercial portfolio, delivering sustainable returns. The company has 520 acres of strategically located residential and employment development land, capable of delivering 3,500 new homes including a 288 Build-to-rent (BTR) apartment scheme in the heart of Coventry city centre.