St. Modwen Logistics, one of the UK’s leading logistics developers and managers, has continued its expansion with the acquisition of modern warehouse units in Burton-upon-Trent and Coventry.
In Burton-upon-Trent, St. Modwen Logistics has acquired a 381,000 sq ft unit on the Centrum West Logistics Park, occupied by Palletforce, a leading freight company. The unit, which serves as Palletforce’s UK headquarters, is a high-specification cross-docked facility with low site coverage and parking provision for 238 HGV vehicles. It is located in the heart of the town and is close to St Modwen Park Burton and adjacent to the A38 dual carriageway which connects to the M1, M6 and M42 motorways with 90% of the UK population reachable within a four-hour drive time.
St. Modwen Logistics has also acquired a 180,400 sq ft distribution unit located in Middlemarch, three miles south of Coventry city centre, occupied by Palletline. The facility, which was originally developed in the 1990s, provides modern office space across two levels as well as parking provision for 90 vehicles and on-site power generation. It is located adjacent to Coventry Airport and close to the major road links M6, M40 and M42.
The acquisitions support the continuing expansion of St. Modwen’s logistics platform. Over the last 6 months, over 1 million sq ft of space has been acquired, including assets in Hatfield, Alfreton, Birmingham and Manchester totalling c. 400,000 sq ft. In addition, in 2022, the business delivered 2.2m sq ft of developments with industry leading ESG credentials.
