Global automotive manufacturing firm Grupo Antolin is to take an extra 113,000 sq ft warehouse near Burton-on-trent as it expands its UK operation.
Grupo Antolin has signed up with landlords St Modwen at Barton Business Park, near Burton-on-Trent.
The Spanish-owned first-tier automotive supplier of interior trim systems and components currently occupies 70,000 sq ft at Barton Business Park, and recently signed a 15-year lease to expand its operations on site into a newly built 113,000 sq ft unit, adjacent to their existing plot.
The deal crowns a busy year fror St Modwen which has seen its total successfully completed developments in this sector to 1 million sq ft during the course of 2017. This is part of the company’s growing focus on this aspect of the property sector, delivering sites in areas of high demand across the UK.
From the company’s overall medium-term commercial pipeline, St. Modwen has identified 7.5m sq ft of high quality industrial and logistics projects deliverable over the next few years, and previously set the target to deliver 1m sq ft of industrial development during 2017, of which over half will have been sold or pre-let. This target has now been met.