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St Modwen does 200,000 sq ft warehouse deal with Kuehne & Nagel5th April 2013

St. Modwen has completed a 200,000 sq ft warehouse deal at Hilton Business Park in Derbyshire with global transportation and logistics company Kuehne & Nagel.

The Switzerland-based logistics company, which has more than 1,000 offices in over 100 countries, has taken the unit on a three year lease.

The deal is among a number of high profile leases secured by St. Modwen at Hilton Business Park since the start of the year. 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, which is less than a mile from the A50 and three miles west of the junction with the A38 at Burnaston. Other tenants at the park include Ascott Transport Ltd. (ATL), Balfour Beatty Utility Solutions and Willi Betz.

Eight acres of storage land is also available at Hilton Business Park, which has a manned gatehouse and 24-hour security. In addition, St. Modwen is also willing to construct new industrial/ warehouse premises to suit occupiers’ needs on a design and build basis (B1 office and light industrial), B2 (general industrial) and B8 (storage and distribution). Buildings from 25,000 sq ft up to 450,000 sq ft can be accommodated on site.
 


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