A £38 million development site with consent to deliver industrial and warehouse units in the West Midlands has been officially unveiled by one of the United States’ leading commercial property companies, Liberty Property Trust (www.libertyproperty.com).
Liberty Park, Lichfield will accommodate a development of 435,000 sq ft of industrial and warehouse accommodation, which will create more than 1,000 jobs. Work on the infrastructure is on target to be completed by November and immediate turnkey packages are available for potential occupiers.
It is the next significant development by Liberty Property Trust, which in the US owns and manages a portfolio of more than 750 properties, totaling more than 106 million sq ft, accommodating 1,900 occupiers. The company may be better known in the UK for its mixed-use developments that offer places to live, work and play.
Over 30 key industrial agents from across the Midlands attended the official launch of the development by Andrew Blevins, managing director of Liberty’s UK operation, at Bar Opus in Birmingham.
He said: “Liberty Park, Lichfield represents an exciting opportunity for our company to provide quality industrial and warehouse accommodation in a superior A38 location, which is already proving attractive to occupiers.”
To support the scheme, improvements to the road network on to the site, including replacing the road bridge over the West Coast Main Line, are being rolled out.
Tony Nash, director of Birmingham-based Stoford Developments, Liberty Property Trust’s development partners, said: “We are making very good progress with the access road and I am looking forward to welcoming the first occupiers in due course.
“The site can accommodate units measuring between 30,000 sq ft and 350,000 sq ft in a prominent location fronting the A38, providing easy access to major motorway networks. Whilst we are contemplating speculative development, occupiers requiring bespoke solutions are also welcome.”
Liberty Park, Lichfield is being marketed by letting consultants CBRE and NRS, who are already talking terms with potential occupiers.