St. Modwen Logistics continues to benefit from the strong operational demand for quality logistics and industrial space as it announces three new lettings at St. Modwen Park Gloucester and St. Modwen Park Stoke South.
The latest deals saw power plant equipment supplier, Yellow Power, take 27,056 sq ft of space at St. Modwen Park Stoke South, while Clinisupplies has also agreed to occupy a 75,225 sq ft unit at the Midlands-based site. These deals were followed by global energy services and equipment provider, Schlumberger, which signed a pre-let on a 55,000 sq ft unit in Gloucester.
The news follows a series of deals this year, which has seen the developer lease 1m sq ft of space to new customers since the start of 2021, reaffirming the current appetite for urban and big box warehouses. Customer names include DB Schenker, Gardiner Brothers & Co, Super Smart Services, DWK Life Sciences and Euro Star Global – equating to 1,060,769 sq ft of space let across the UK.
