Four new lettings have been announced at the 254,000 sq ft Holbrook Park urban logistics development in Coventry.
Situated off Holbrook Lane and Swallow Road on the former Meggitt aerospace factory site, the development comprises 31 leasehold units ranging from 2,485 sq ft to 40,120 sq ft. It has a gross development value of around £60m.
Telecom services supplier Magdalene Group and electric vehicle charging equipment manufacturer Tritium are two of the scheme’s new occupiers.
MobileSentrix, a US-based smartphone repair parts wholesaler, has opened its first UK branch at Holbrook Park, whilst a multinational delivery and logistics company has also taken a unit at the development.
Holbrook Park is owned by a joint venture between developer Chancerygate and specialist sustainable and impact investor Bridges Fund Management.
In addition to the four new lettings at Holbrook Park, a further four units are currently under offer following a period of significant interest in the scheme from a mix of local, regional and national businesses.
All units at Holbrook Park will benefit from electric vehicle charging points, low air permeability design and solar cells on their roofs which will provide green energy on an affordable basis to occupiers.
Occupiers at the scheme include Freshest Greengrocers, leading audio visual solutions provider, GVAV, bathroom product supplier Clifton Bathrooms and assembly and fastening material manufacturer Wurth.
Holbrook Park is located less than three miles from the centre of Coventry and provides convenient access to junction 3 of the M6. It forms part of a large mixed-use commercial and residential development, which also includes 499 new homes.
Chancerygate development manager, Rob Watts, said: “Securing further lettings at Holbrook Park is an excellent indication of the development’s popularity amongst local and national businesses.
“We have seen a significant uptick in enquiries and viewings since the summer and this reflects the fact we have a number of units under offer and who are looking to complete imminently.
“Demand remains high across the West Midlands from occupiers for strategically located, sustainable urban logistics accommodation. Our scheme is designed satisfy this demand and provides Grade A units to serve Coventry and the wider region.
“With an additional five units under offer, we continue to see high levels of interest for space at the development. Any interested parties should get in touch to learn more about the remaining units.”
Click here for more information on Holbrook Park.