CORE 3 – UNDER CONSTRUCTION 08.05.18
HODGETTS ESTATES have started works on the second building at their flagship CORE 42 Tamworth development scheme. The Core 3 building of around 160,170 sqft will be built to a high grade specification including 12m to underside of haunch, 14 dock level loading doors, 2 level access loading doors, 50 m deep yard and 2 storey office accommodation.
Core 42 is a prime Midland’s location adjacent to Birch Coppice and benefits from being within 0.5 miles of Maritime Transport’s state-of-the-art Birmingham Intermodal Freight Terminal (BIFT) and 0.5 miles from Junction 10 M42 near Tamworth.
In an increasingly popular logistics market, the Midlands remains high in demand as a location for both big box warehouse and small urban logistics assets. Core 3 will be the second building to be completed at the site with the 105,000 sqft Core 2 building already occupied.
Edward Hodgetts, Development Director at Hodgetts Estates, adds: “Following the submission of a speculative planning application in October 2017, we quickly established a relationship with M&G Real Estate to build the unit out. The investor demand is testament to the prime location and high quality product on offer at Core 42 and we look forward to working with M&G Real Estate to deliver a highly successful building.”
Avison Young and MWRE are letting agents for the Core 3 building with JLL, Avison Young, and Cushman Wakefield agents for the remaining site.