June 27, 2017
Opus Land and Bridges Fund Management have appointed BNP PRE and JLL as joint agents to market the JV’s new speculative industrial scheme CONNEQT.
The two speculative industrial units at Kingswood Lakeside business park in Cannock total 283,185 sq ft and will renovate a former colliery site.
Current occupiers at Kingswood Lakeside include DHL, Sainsburys and Veolia with the two new units set for completion in 2018. The project has received a grant and debt funding from the Greater Birmingham and Solihull Local Enterprise Partnership and the West Midlands Combined Authority respectively.
Victoria Smith, joint managing director of Opus Land, said: “This is Opus’ fourth development at Kingswood Lakeside showing the draw the area has for commercial occupiers. The development of this site will provide Grade A industrial accommodation to help plug the acute shortage of industrial and storage land accommodation in the Midlands. We are thrilled to be part of that process.”
Opus has recently completed a design-and-build unit on behalf of First Choice Catering, having previously built a regional distribution hub for courier firm APC, and the HQ offices of waste management company Veolia, on adjoining plots at Kingswood Lakeside.
Author: Richard Hook, Property Week
Link: http://www.propertyweek.com/news/opus-and-bridges-launch-midlands-spec-shed-scheme/5089995.article