Packaging machinery firm wraps up pre-let deal
ULMA Packaging, which specialises in the design and production of packaging machinery, has agreed a 15-year lease on a manufacturing and office facility in South Yorkshire, currently being developed by landlords Technical Cranes.
The pre-let lease agreement was secured by Commercial Property Partners (CPP) and will see ULMA move from its current Worksop base to unit two on Church Lane in Dinnington.
The 15,200 sq ft of newly developed warehouse and office space forms part of a wider project comprising three industrial units.
James Couldwell, financial director at ULMA Packaging, said: “We are excited to move into new premises which have been fitted out entirely based on our needs, affording us the space needed to meet the requirements of our customers from across the UK and further afield.”
Ed Norris, partner at CPP’s Yorkshire office, said: “Pre-let projects are few and far between for units of this size, so we are delighted to have secured this 15 year lease agreement on behalf of Technical Cranes, positioning them as a serious developer with a rapidly increasing portfolio.”
Jordan Simpson of Technical Cranes said: “Even before the foundations were laid, CPP were able to secure ULMA Packaging as the first tenant at Church Lane. As a development project with ULMA in mind from the onset we have therefore been able to tailor the warehouse and office space plans to their needs.
“We now look forward to securing occupiers on the last remaining unit as we head towards completion of unit 3, a 9,500 sq ft manufacturing and distribution facility.”
