Stoford has leased a 39,875 sq ft speculatively developed manufacturing unit to Opus International Products at Spa Park in Leamington Spa.
The international automotive engineering and product supply company has signed a 10-year lease on Unit F, one of nine new buildings at Spa Park offering almost 500,000 sq ft of space developed in collaboration between Stoford and a fund managed by BlackRock. The new units are BREEAM Excellent and EPC A rated.
Edward Peel, director at Stoford, said: “We are very pleased to welcome another high calibre occupier to Spa Park. Opus produces precision components for some of the world’s leading manufacturers of high performance vehicles, and its arrival is positive news for employment in Leamington Spa. Having recently completed the final phase of development at Spa Park, we have strong interest in the remaining units on the estate.”
Rob Coles, managing director at Opus International Products, added: “We are delighted to be moving our company to Spa Park. The building specification is perfectly suited to support our expansion plans which include further investment in manufacturing equipment and creation of further job opportunities for the local community. We have shared our relocation plans with our main customers and they are equally delighted to learn that we will be located in close proximity to their engineering and manufacturing centres.”
Chris King, deputy leader of Warwick District Council, said: “Warwick District Council warmly welcomes Opus International Products to Leamington Spa bringing new skills and expertise into the district and the prospect of increased job opportunities. We hope that being in the proximity of other high tech engineering companies will enhance and heighten their success.”
CBRE, Bromwich Hardy and M1 Agency are retained agents at the park.
