St. Modwen has delivered a 321,000 sq ft warehouse unit in the heart of the Midlands, a key milestone in its industrial and logistics growth plans.
Known as T321, the unit is the largest speculative build in St. Modwen’s history and is part of a wider 35-acre prime industrial and logistics site known as St. Modwen Park Tamworth.
The space is available for immediate occupation and follows the recent completion of three speculative warehouse units at the flagship development, ranging from 12,000-49,000 sq ft, the first of which was pre-let to SM UK Ltd in November 2019.
With further phases planned, the entire development could create up to 1,700 new jobs in the area once complete.
The developer identified and brought forward this plot of strategic land in response to the lack of supply of ‘big box’ industrial units in the immediate area. Now complete, T321 provides unrivalled access to Junction 10 of the M42, making St. Modwen Park Tamworth the ideal home for leading industrial and logistics companies.
Built to exceed occupier’s needs, the recently completed 321,204 sq ft unit holds an ‘Excellent’ BREEAM rating, while the inclusion of solar panels allows for T321 to be operationally carbon neutral. Additionally, the unit features a 53m yard, 15m haunch height and enhanced Grade A office accommodation with diverse fibre connectivity. The health and wellbeing of future occupiers’ employees has also been considered, with a fitness trail incorporating gym equipment circulating the biodiverse, landscaped site.
Gregg Titley, Development Director at St. Modwen Industrial & Logistics, said: “2019 was a landmark year for St. Modwen with the creation of our dedicated Industrial & Logistics business unit. The completion of T321 was therefore key in driving forward our growth plans. Now that the unit has been delivered, we can look forward to welcoming a leading occupier who is ready to take advantage of the site’s wide range of additional benefits.”
Joint agents for the site, Katie Monks, Associate Director at Savills and Sam Robinson, Associate Director at Colliers, said: “This is a highly desirable site right at the heart of the Midlands logistics network with unparalleled motorway access and market-leading design and specification. It’s clear that the end-occupier has been in St. Modwen’s mind throughout every stage of the build, meaning St. Modwen Park Tamworth seriously stands out from the crowd.”
