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Logistics firm takes over 20,000 sq ft county warehouse

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Tuesday, March 05, 2013
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Derby Telegraph

A LOGISTICS firm has taken over a warehouse at Hilton, securing the future of 19 jobs.

Kuehne and Nagel has taken the space at Hilton Business Park, which is owned by Birmingham-based St Modwen Properties.

The Swiss logistics company previously had a temporary lease on a 150,000 sq ft building and another 50,000 sq ft unit at the business park.

Now, the company has consolidated its position by taking a three-year lease on a 200,000 sq ft warehouse.

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The deal is among a raft of high-profile leases secured by St Modwen at the business park.

These include Gunn JCB, one of the world's largest JCB construction equipment dealers, which has committed to a 50,000 sq ft unit on a three-year lease.

The deals mean that just two units of 50,000 sq ft and 6,000 sq ft now remain at the 79-acre park.

Other tenants include ATL, Balfour Beatty Utility Solutions and Willi Betz.

Jonathan Green, development surveyor at St Modwen, said: "To secure even more high-profile tenants at Hilton Business Park pays testament to its quality and location in addition to the flexible terms we offer."

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