Assets are well located to capitalise on high demand for urban logistics in key UK markets.
St. Modwen Logistics, one of the UK’s leading logistics developers and managers, has completed two acquisitions in Birmingham and Manchester as it continues to expand its portfolio in major cities across the country.
Network Park industrial estate is situated 1.7 miles from Birmingham City centre and was constructed in the early 2000s, comprising six high-quality modern warehouse units totalling c.80,000 sq ft.
In Manchester, St Modwen Logistics has also acquired Ashburton Park. The c.95,000 sq ft estate is prominently located 3 miles from Manchester City centre at the heart of Manchester’s Trafford Park, one of the largest and most successful business parks in Europe, which is home to over 1,300 businesses employing over 35,000 people.