A logistics firm has struck a deal for new industrial space.
Keplin Group, which specialises in distribution and logistics for the e-commerce sector, has taken 75,000 sq ft of space on Meon Vale Business Park near Stratford-upon-Avon.
The group has also signed a deal with the site's owner and landlord St Modwen Logistics to extend its existing lease by five years on a neighbouring 43,000 sq ft unit which Keplin has occupied since 2019.
Meon Vale Business Park has around 900,000 sq ft of warehousing and office space and other tenants include car giant Ford and supply chain firm Unipart.
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The park is part of Longbridge-based St Modwen's broader 479-acre, mixed-use Meon Vale scheme which is home to a £5 million leisure centre, community centre, retail space, 1,050 residential properties and more than 35 acres of woodland.
Keplin's chief executive Raman Mehra said: "Flexible, well-located warehouse space is vital to our business in reducing our customers' vehicular miles and delivery times and overall carbon footprint.
"Our expansion at Meon Vale and continued partnership with St Modwen will support our future growth."
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Yafeth Asher, asset manager with St Modwen Logistics, said: "Maintaining and building upon strong relationships with existing customers is central to St Modwen Logistics' success.
"The Keplin Group's expansion at Meon Vale demonstrates the positive outcomes of our partnerships with customers to support their ongoing growth.
"The deal also showcases the park's strong appeal to leading national distributors."
Earlier this year, it was announced that from July St Modwen Logistics' portfolio of assets will become part of Indurent, a new 海角视频 logistics operator.
The business will have more than 200 assets totalling 26 million sq ft of space.
St Modwen Logistics was advised by Bromwich Hardy.