Retail warehousing and distribution specialist the Amethyst Group has taken an additional 102,174 sq ft warehouse at F&C REIT’s Fradley Park in Lichfield.
The company already occupies a 111,300 sq ft warehouse at Fradley Park. The new warehouse, which it has taken on a five-year lease, is to accommodate new retail clients such as New Look.
Geoff Haffenden, property portfolio manager at Amethyst Group, said: “Building on the success that we have seen in recent years in internet fulfilment, this was the right time for us to open a second distribution centre at Fradley Park. The park provides us with an outstanding location at the heart of the UK and it is a great place to base our operations from.”
Nicholas Mehangra, asset manager at F&C REIT, said: “Fradley Park is an established logistics park and is very popular with occupiers. There are further existing units available on the Park, as well as potential development opportunities.”
Joint letting agents for Fradley Park are GVA, CBRE and Kingston Commercial Property Consultants. Simon Allen Associates acted on behalf of Amethyst Group.