Three new occupiers for Coventry logistics park

Three new lettings have been announced at the £35 million, 254,000 sq ft Holbrook logistics park in Coventry - the site of the former Meggitt aerospace factory.

They are Freshest Greengrocers, leading audio visual solutions provider, GVAV, and mobility aids shop, CareCo, which has taken two units.

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Holbrook Park is owned by a joint venture between developer and asset manager Chancerygate and specialist sustainable and impact investor Bridges Fund Management.

Chancerygate development manager Rob Watts said: "We are very pleased to have secured these three new lettings at Holbrook Park, with two further units also now under offer.

"There is strong demand for Grade A, sustainable urban logistics accommodation across the West Midlands.

"Our development is best placed to satisfy this demand and provide occupiers with high-specification space in a well-connected location."

Guy Bowden, partner at Bridges Fund Management, added: "We’re delighted to see companies locating to this exciting new development, built on what was previously a brownfield site.

"We expect to conclude further lettings soon, attracting further employment to the region."

The park consists of 31 leasehold units ranging from 2,485 sq ft to 40,120 sq ft. It has a gross development value of around £35m.