Worldwide leading orthopaedic manufacturer, Arthrex, has expanded at St Paul’s Developments’ acclaimed South Yorkshire business park, Smithy Wood, taking its total office space to 18,000 sq ft.
Arthrex, a worldwide leader in orthopaedic medical products, first moved into a 10,000 sq ft two storey office unit in Phase 1 at Smithy Wood in 2009 and having already expanded once, has now signed a new lease for a further 4,000 sq ft on the first floor of the neighbouring office Unit 4. Knight Frank and Fowler Sandford acted for St Paul’s Developments and Arthrex was unrepresented.
Since taking occupation at Smithy Wood Arthrex has enjoyed consistent growth, launching thousands of new medical products every year. The company’s recent expansion signals the near full occupation of all 165,000 sq ft of developed accommodation at Smithy Wood in Phases 1 & 2. Just the 8,000 two storey offices within Unit 6 now remain available, having recently been vacated by Kier.
Smithy Wood is one of the region’s most acclaimed business and industrial parks occupying a strategic location in South Yorkshire with immediate access to Junction 35 of the M1. The scheme has has attracted a host of high profile occupiers since work started in 2005 including; DPD, Konica Minolta, Samuel Grant Packaging and 5M Publishing to name a few.
Regeneration specialist St Paul’s Developments, in a joint venture partnership with The Norfolk Estate, has transformed 20 acres of the extensive 50 acre site and following the success of the first two phases, the partnership recently launched the third phase which extends to 29 acres of ‘oven ready’ EZ status land.
David Newton, Managing Director of St Paul’s Developments, said; “It is fantastic news that Arthrex continues to expand at Smithy Wood. The early phases of the development have been such a success and we are excited about the possibilities for the extensive 29 acre site at Smithy Wood which has EZ status and can accommodate large occupiers up to 300,000 sq ft.”