A MAJOR developer has revealed that it has struck a deal with a global transportation and logistics company for a 200,000 sq ft warehouse in South Derbyshire.
St Modwen has announced that it has concluded the tie up with Kuehne & Nagel for a site at Hilton Business Park.
The Switzerland-based logistics company, which has more than 1,000 offices in more than 100 countries, has taken the unit on a three year lease.
The deal is among a raft of high profile leases secured by St. Modwen at Hilton Business Park since the start of the year.
These include Gunn JCB, one of the world’s largest JCB construction equipment dealers, which has committed to a 50,000 sq ft unit on a three year lease.
Jonathan Green, development surveyor at St Modwen, said: “To secure even more high profile tenants at Hilton Business Park pays testament to its quality and location in addition to the flexible terms we offer.
“It provides a thriving business community that offers easy access to the M1, M6 and M6 Toll motorways, giving occupiers the benefit of first class transport links.”