Pictured above: (l-r) Guy Thompson from GVA and Richard Smith from Opus Land, at the Opus 40 business park

GVA'S property management team has been appointed by Opus Land to manage the Opus 40 business park, which is located just off J15 of the M40. As well as managing the communal areas and parking across the 35 acre business park, GVA will be working closely with the development team on the planned future phases. 

IBM occupies two buildings at Opus 40, totalling 194,000 sq ft and telecommunications giant telent plc is based in a striking 90,000 sq ft office building. A 1.6 acre plot opposite the telent building is currently being developed by Whitbread plc for a 122 bedroom Premier Inn, which is due to open before the end of 2011. 

Planning consent has been granted for the next phase of development at Opus 40. The masterplan for the new space comprises four separate buildings ranging from 30,000 sq ft to 80,000 sq ft, however, design and build requirements of in excess of 100,000 sq ft could also be accommodated at the park. In total there is 15 acres of office development land at Opus 40. 

Guy Thompson, director in GVA's Birmingham-based property management team comments: "Opus 40 is a well-established business park in a superb location and since acquiring the 35 acre site five years ago, Opus Land has sought to maximise its great potential. With the 122 bed Premier Inn hotel now under construction and planning in place for a further 260,000 sq ft of office space, this is an exciting time to be brought on board as property managers.

"We are setting in place a very close and active management regime, working alongside the park's occupiers. We are also looking strategically at how the park management will be structured as further development takes place."

GVA's office agency team is working together with Coventry-based Bromwich Hardy to promote the pre-let opportunities for high quality, highly sustainable new office space. 

Richard Smith, managing director of Warwick-based Opus Land said: "We and our tenants at Opus 40 are very impressed with the early impact GVA's property management team is having at the park. We use GVA across a number of our other commercial developments across the region and they are a real asset to the project team. We look forward to forging a long-term partnership as development activity at Opus 40 progresses."

The new Warwick Premier Inn will produce approx 45 jobs when it opens later this year. The site on Opus 40 was strategically selected to meet the demand generated by companies based on and around the business park.