Ecomm solutions provider takes Tamworth spec-build
05 February 2021
ST. MODWEN Industrial & Logistics has completed a deal to bring an international e-commerce solutions provider to St. Modwen Park Tamworth, signing a 15-year agreement to occupy the 321,204 sq ft speculatively-built unit.
Providing integrated supply chain solutions for cross-border e-commerce companies, the international e-commerce solutions provider will use the space as a distribution centre. With warehouses in China, the UK, United States, Germany, and Australia, the business has more than 700 employees worldwide.
The lease follows a strong 2020 when St. Modwen Industrial & Logistics completed 1.2m sq ft of developments and reported good customer demand going into 2021, with 78% of the £7.5m ERV associated with 2020 completions already let or under offer. St. Modwen Industrial & Logistics is continuing to target the delivery of at least 1.5m sq ft in 2021 and is already on site with the majority of these schemes.
Known as T321, the global e-commerce solutions provider’s new unit at St. Modwen Park Tamworth boasts a 53m yard, 15m haunch height, enhanced Grade ‘A’ office accommodation and an ‘Excellent’ BREEAM rating, while the inclusion of solar panels allows for the building to be operationally carbon neutral. St. Modwen identified and brought forward this speculative build in response to the lack of supply of ‘big box’ industrial units in the immediate area.
Located just off Junction 10 of the M42 and within 5 minutes of Birmingham Intermodal Freight Terminal, St. Modwen Park Tamworth puts the health and wellbeing of occupiers’ employees at the centre of the park, with a fitness trail incorporating gym equipment circulating the biodiverse, landscaped site.