A Birmingham business park has reached full capacity after a deal was struck to open a new distribution centre by logistics firm Kuehne and Nagel.
The company has signed a new lease for a 120,595 sq ft warehouse on the 13-acre Kingpin Industrial Park in Tyseley.
Charles D’Auncey is head of agency with property consultancy Harris Lamb which oversaw the deal on behalf of the landlord.
He said: “Unit 3 is one of the last 100,000 sq ft-plus opportunities within the Midlands and, further to high levels of interest, we are delighted to have secured Kuehne and Nagel as the latest occupiers at the park.”
The German logistics firm will join occupiers such as Travis Perkins, SIG and Grayson on the park in south east Birmingham.
Kuehne and Nagel was advised by Clews & Co Chartered Surveyors.