A speculative industrial scheme providing an additional 27,000 sq ft of commercial space has been fully let to three new occupiers.
The development comprises five new units on Hartlebury Trading Estate in Kidderminster which landlord Schroders Capital 海角视频 Real Estate Fund said were built in response to the demand for more commercial space in the region.
Construction on the buildings completed earlier this year, with each having a yard, car parking with electric charging points and fully fitted offices.
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All five properties are now let, with a trio of deals seeing automatic packaging system manufacturers Comcount, sports memorabilia specialists Firma Stella and traffic camera experts Redspeed International sign leases at the estate.
Comcount has taken two units with a combined floor plate of 11,115 sq ft on a ten-year lease while Redspeed International has signed a ten-year lease, also on two units with a combined floor plate of 11,102 sq ft.
Firma Stella has signed a five-year lease on the remaining 5,594 sq ft unit. Rupert Jeffries is a partner with Collingwood Rigby which manages the estate.
He said: "At 230 acres, Hartlebury Trading Estate is the largest commercial site in Worcestershire and, with the business park approaching capacity, we needed to take steps to deliver new solutions at the site to meet the continuing demand for high quality industrial stock throughout the Midlands.
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"The suite of five units was designed so that they could be leased individually or combined to create larger warehouses. From the moment we announced that construction was underway, we were deluged with enquiries, and we now have three new occupiers in situ at the park."
Neil Slade is a director with Harris Lamb which is joint agency for the estate with Fisher German.
He added: "Thanks to its location and reputation, Hartlebury Trading Estate is already reporting record occupancy rates, with just one per cent of the estate area being available to new occupiers at present.
"With Schroders Capital 海角视频 having taken steps to address that, the new warehouses attracted a great deal of interest and they were quickly placed under offer with terms agreed."
Hartlebury Trading Estate is currently home to more than 90 businesses in 130 buildings and occupies include DPD, FedEx, Worcestershire County Council and Forest Garden.
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