St Modwen kicks off third phase of East Midlands site
St Modwen has launched its latest industrial and logistics development phases as part of plans to deliver around 1.5m sq ft of space in 2021.
Industrial and logistics represents an important growth area for St Modwen and now accounts for almost half of the company’s total portfolio.
In Lincolnshire, the developer is set to commence construction of four units as part of a third phase of high-quality industrial and logistics development at St Modwen Park Lincoln. Ranging from 16,000 sq ft to 52,000 sq ft, the warehouses follow on from Phase 2 of the park, where both units have been pre-let, including a 10-year, 25,000 sq ft deal to global courier DHL Parcel (UK).
Gemma Butler, development and leasing manager at St Modwen Industrial & Logistics, said: “Our popular Lincoln scheme is bringing a wealth of industry-leading occupiers to the East Midlands. Designed to provide businesses with the opportunity of being located on the A46 dual carriageway with excellent access to sea ports, airports and the national motorway network, St Modwen Park Lincoln can cater to all modern occupier needs with high bays, top specification offices, generous car parking and ample yard space.”