A Black Country college has committed to one of its bases after signing new lease deals.
Dudley College of Technology has signed ten-year leases on two units on Waterfront West, which is part of the wider Waterfront Business Park, in Brierley Hill.
The deals, which involve separate leases for the college's education and training facilities, include an option to purchase and underline its long-term commitment to the site.
Its warehouse unit will be used for traditional skills training while the other will continue to operate as a typical education facility.
The re-geared leases have enabled the college to carry out refurbishment works and enhance its training environments, ensuring they remain fit for purpose for years to come.
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Dudley College chief executive Diana Martin said: "Our facilities at Waterfront West are integral to our mission of equipping people with the skills the region's economy needs.
"The new leases give us the security to invest in upgrading our spaces, particularly for traditional skills training which are vital for sectors such as construction and manufacturing.
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"By committing to this site for the long term, we are helping to strengthen the local skills base and support economic growth."
The leases were negotiated by Birmingham property agency KWB on behalf of the landlord.
Director Martin Cook said: "This agreement demonstrates the value of collaborative negotiation, aligning the needs of landlord and occupier to deliver a result that supports both long-term stability and investment performance.
"The college's focus on traditional skills reflects an important trend in the regional economy and Waterfront West's quality, location and amenities make it a natural home for that activity."
Richard Bryan is fund manager at St Johns High Income Property Fund which is part of AFH Wealth and which owns the building.
He said: "Dudley College is a key occupier for us at Waterfront West and we're pleased to have worked with them to agree terms that meet both their operational needs and our investment objectives.
"This deal safeguards rental income, increases value and supports the delivery of high-quality education and training within the local community."