Leftfield has completed a double letting at its speculatively-built Leftfield Park industrial and logistics scheme in Walsall.
TR Fastenings has taken the 75,282 sq ft unit three on a 15-year lease and Red Diamond Distribution has signed for the 35,319 sq ft unit four on a 15-year term. Both units are in the process of being fitted out.
Nico Fourie, CEO of Leftfield, said: “Leftfield’s conviction to the industrial and logistics sector remains high for the very attributes displayed with this development; well located, high-quality properties continue to be in demand, attracting a large and diverse array of strong covenants.”
Christian Smith, industrial and logistics director at Savills Birmingham – joint agent on the scheme with Harris Lamb – added: “The successful letting of both units so soon after completion underpins the ongoing resilience of the West Midlands industrial market. There continues to be a lack of quality stock in the Black Country area, so developments such as this are highly sought after by occupiers.”
Matthew Tilt of Harris Lamb’s agency team said: “There was a lot of interest in this scheme once construction was announced with TR Fasteners and Red Diamond Distribution successfully agreeing terms to secure it. We are delighted to have secured high-profile occupiers for both opportunities so quickly.”
