Flint Bishop

50,000 sq ft pre-sale at Hollymoor Point

Pictured: (l-r) Richard Norgrove, Hortons, Neil Slade,Harris Lamb, Melissa Wase-Rogers Jones Lang LaSalle, Jon Ryan- Gill - CBRE, Bob Tattrie - Trebor Developments

A 50,000 sq ft pre-sale has been secured on Hollymoor Point in Rubery, an industrial scheme developed jointly by regional development company, Sladen Estates and Birmingham based, Hortons Estate with Jones Lang Lasalle, Harris Lamb and CBRE acting on behalf of the landlord.

The pre-sale is to NVC Lighting Technology Corporation, a Chinese owned lighting company specialising in research, manufacturing and sales, which is expanding its operation from its current site of 30,000 sq ft on Hollymoor Point.

Richard Norgrove from Hortons Estate said, "The fact that NVC Lighting is remaining in the area is testament to the quality of the  location and skilled labour available.  We already have a number of high profile operators on the site and NVC's commitment to the area is a welcome boost to the local economy."

Situated close to junction 4 of the M5, Hollymoor Point is part of the Birmingham Great Park site, which has already created over 1,000,000 sq ft of commercial and leisure space and over 1000 new homes in an established area of 200 acres of parkland.

Melissa Wase-Rogers from the industrial team of Jones Lang LaSalle, which recently merged with King Sturge, added, "Not only does the deal demonstrate the strength of the location but shows the occupiers faith in the landlords and their ability to deliver a crucial element of the company's expansion plans.  In the pre-let and pre-sale market, deliverability is key and occupiers are mainly looking for developers with a tried and tested reputation."

Hortons Estate and their joint development partner for Plot 101, Trebor Developments confirmed that the remaining plot can provide up to 100,000 sq ft on 7.7 acres on a design and build basis with a new building ready for occupation within 6 months.

Other occupiers on the first phase of Hollymoor Point include Grespania UK Ltd and Draexlmaier Automotive UK.

 

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Article published by Midlands Business News on 30 September, 2011

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