St Modwen Logistics has completed two warehouse leasing deals totalling 62,000 sq ft at St Modwen Park Broomhall in Worcester.
OBEX Protection has agreed to lease 47,000 sq ft at the park and will retain a 27,000 sq ft unit at St Modwen’s nearby Nunnery Park scheme. And automotive and tech distribution company Nemesis has signed for 15,000 sq ft at Broomhall whilst retaining its 19,000 sq ft unit at Nunnery Way.
St Modwen Logistics has also secured planning permission for the third and final phase of development with the construction of two units – 40,000 sq ft and 32,000 sq ft – set to begin later this summer.
Peter Davies, development director at St Modwen Logistics, said: “Supporting customers and helping them to grow is the cornerstone of our business and so we were naturally delighted when both OBEX and Nemesis asked us to support them again with their expansions. It’s fantastic to see two local businesses growing in this way, and even better that they are able to remain in the local area as a result of our development at St Modwen Park Broomhall.
Rob Francis, director at OBEX Protection, added: “Following a period of rapid growth, we are excited to announce an expansion into a new 47,000 sq ft unit which will provide crucial support for our operations. It was important for us to remain in Worcester where the company was founded and having worked closely with St Modwen since July 2020 we had no hesitations about agreeing a deal to move in to St Modwen Park Broomhall.”
Chris Chance, CEO at Nemesis, said: “There is a dearth of modern, high-quality warehouse space in the area that supports our long-term sustainability goals. We are very pleased to a have secured new premises at Broomhall which will allow us to maintain our trajectory and attract the staff we need.”
