Insider Media Limited

Logistics giant DHL and retail warehousing and distribution specialist Amethyst Group have taken a combined 245,000 sq ft of space at Fradley Park in Lichfield.

GVA's industrial team acted on behalf of F&C REIT to let the warehouse space, together with Kingstons Commercial and CBRE.

DHL has taken the 142,184 sq ft 'Hawk' building on a five-year lease at a rent of £4.50 per sq ft. The letting comes as a result of a contract DHL has recently secured from Staffordshire-headquartered industrial machinery manufacturer JCB and the new unit will operate as a parts distribution centre, a spokesman said.

The Amethyst Group, which already occupies a 111,300 sq ft unit at Fradley Park, has competed a new five-year lease on a 102,174 sq ft unit named 'Falcon'. It follows the company's success in the retail sector - specifically with New Look, the spokesman said.

Geoff Haffenden, property portfolio manager at Amethyst Group, said: "Building on the success that we have seen in recent years in internet fulfilment, this was the right time for us to open a second distribution centre at Fradley Park. The park provides us with an outstanding location at the heart of the UK and it is a great place to base our operations from."

Tesni Thacker, associate in GVA's industrial department, said: "It is great that we are seeing an increase in demand across the region from both the automotive/logistics and retail sector, particularly given the difficult time that these industries have faced over the last few years."