St Modwen completes final phase of logistics site
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Regeneration specialist St. Modwen has completed the final phase of development at its 21-acre Centurion Park logistics and distribution site near Tamworth.
The phase was completed with the delivery of the 153,000 sq ft unit known as CP153.
Longbridge-based St. Modwen launched the unit at an event attended by some of the region’s top industrial agents.
Jonathan Green, Director of Asset Management at St. Modwen, said: “CP153 is one of our biggest units, at one of our most popular schemes within the Midlands portfolio. There has been a great demand for this type of space in the region, and we have already received interest from a number of potential occupiers.”
CP153 was built by contractor Bowmer & Kirkland and, once occupied, could create up to 200 new jobs in the area.
Ranjit Gill, Director at Savills, said: “By building CP153 St. Modwen are providing some much-needed Grade A space. The area around Junction 10 of the M42 corridor has proven extremely popular in recent years with occupiers drawn to the locations proximity to major manufacturers, the quality of labour and excellent road links.”
Existing occupiers at Centurion Park include DFS, Aldi, AAH Pharmaceuticals, Speedy Hire and Nortbert Dentressangle. Other major employers along the M42 corridor include BMW, Jaguar Land Rover, Ocado and Sainsburys.