Prologis, the logistics property developer, has agreed on a 10-year lease for a new 131,780 sq ft unit.
At the moment, this is currently under construction at Prologis Park Hams Hall.
The Birmingham-based logistics and distribution company LTS Global Solutions will be moving into DC3, which is due for completion in the summer, as part of their expansion plans.
Located only 10 miles from Birmingham City Centre and 1 mile from Junction 9 of the M42, Prologis Park Hams Hall is already home to Jaguar Land Rover’s Battery Assembly Centre and is one of the leading manufacturing and logistics locations in the UK. The wider Hams Hall park also features an on-site rail freight terminal and is home to global brands such as BMW, Sainsburys and DHL.
Tom Price, Capital Deployment and Leasing Director, Prologis UK, said:
“Welcoming LTS Global Solutions as one of our newest customers is testament to the growing demand for prime logistics real estate space right now – and the business will certainly be in good company at Prologis Park Hams Hall.
Dave Hands, Managing Director, LTS Global Solutions, added:
“Moving into the new unit at Hams Hall signifies an exciting time for us. It’s been a pleasure working with the Prologis team and we can’t wait to move in and push on with our plans to expand our operations further"