Construction completes on 250,000 sq ft of industrial units
Construction at Vaughan Park in Tipton, Sandwell is now complete with two newly built, Grade A industrial units covering 256,148 sq ft available for lease.
It’s Tungsten Properties’ third project with real estate investment firm Kennedy Wilson, which has delivered a BREEAM Excellent and EPC A rated scheme.
Vaughan 153, spans 153,185 sq ft with 11,287 sq ft of office space, and features a 48.5m yard, 147 parking spaces, 16 dock-level doors, and a 15m clear internal height.
Vaughan 103 offers 102,963 sq ft of industrial and office space, featuring 12m eaves height, 10 dock level doors and a large, secure yard. This unit includes 100 parking spaces with 10 EV charging points.
Ashleigh Hayes, associate development manager for Tungsten Properties said: “Vaughan Park, Tipton is Tungsten Properties’ third project with Kennedy Wilson and again we have delivered two highly specified, Grade A industrial units. The units have been designed with the end occupier in mind and have generated a good level of interest from tenants this far, which is a testament to the location and quality of the build.”
Rob Ferguson, senior asset manager at Kennedy Wilson, said: “With strong levels of demand and limited supply for Grade A space in the Black Country and wider West Midlands, we are very pleased to practically complete on these two new units to meet the needs of the manufacturing and logistics sectors.”
CBRE and Darby Keye serve as letting agents for the project, representing a fund managed by Kennedy Wilson.
Luke Thacker, director of CBRE, said: “We are excited to officially launch Vaughan Park to the market, providing much-needed high-quality industrial space, immediately available in a key location to serve the major destinations of Birmingham, Walsall, Wolverhampton, Tipton, Oldbury and Dudley, and further afield via the wider motorway network.”
