Molson Coors aquire 200,000 sq ft from CBRE investors at Marchington Industrial Estate, Staffordshire

Tuesday, 15 February 2011

GVA’s Birmingham office has let 200,000 sq ft of industrial storage space at Marchington Industrial Estate in Staffordshire to leading global brewer, Molson Coors Brewing Company, which is to be managed by DHL.

The company has signed a six month lease for space on units 33 & 36 to manage their overflow of stock during the New Year period.

The deal comes only months after global logistics company Kuehne + Nagel signed a short term lease for 200,000 sq ft of combined units 37 & 38 at the estate.

Offering over 1.3 million sq ft of industrial and warehousing across 34 buildings ranging from 300 - 100,000 sq ft, Marchington Industrial Estate offers units as individual warehouses or combinations to suit larger requirements up to 720,000 sq. ft, such as the latest letting to Molson Coors Brewing Company.

Tesni Thacker of GVA said: "Marchington Industrial Estate presented the perfect space option and location for Molson Coors Brewing Company's short-term overspill requirement. The site provides a safe and efficient storage facility that is easily accessible at short notice for this type of need."

Situated only 10 minutes' drive from the A50 dual carriageway, the estate lies between the two main north-south arterial routes in the UK's motorway network, the M1 and the M6. As well as DHL and Kuehne + Nagel, Marchington has also been a key overflow storage facility and lorry park for Wincanton.

Ian Harris, Director at CB Richard Ellis Investors, said: "There are a number of short and long-term flexible lease opportunities available at the Estate. It is clear from the number of recent deals that companies such as Molson Coors are finding major benefit from the quick access that is available at the Estate, particularly when contracts expand at short notice. Features such as the 24/7 security and quality site management remain crucial for distribution sector companies and we are seeing particular interest units such as Unit 15, a fully refurbished and extended 85,000 sq. ft warehouse constructed to a modern specification, broadening the range of facilities available at Marchington Industrial Estate."

Joint agents on the estate are GVA, Kingston Commercial Property Consultants and CBRE Richard Ellis.

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