Located adjacent to junction 10 of the M42, Centurion Park is one of the most sought after locations for warehouse and distribution operators in the Midlands.
Bowmer & Kirkland is the contractor for the scheme. Warwickshire Borough Council granted planning consent in June this year and is now bringing forward development on the site, with completion expected in spring 2017.
Jonathan Green, senior development surveyor at St. Modwen, said: "Following the continued success of the units at Centurion Park, including the 53,000 sq ft unit which we let to DFS and then subsequently sold, we are now pushing forward with construction on the 153,000 sq ft building.
"There is a clear demand for high quality warehouse space of this size in an accessible, prime location close to the heart of the motorway network and the level of interest shown in the new unit already is extremely promising."
St. Modwen recently completed a £5,130,000 sale to Limes Developments Limited on the 53,000 sq ft speculative warehouse already let to DFS; other high profile occupiers at Centurion Park include AAH Pharmaceuticals and Speedy Hire.
Our BQ Bulletin emails will land in your inbox at 7.30am, Monday to Friday, with a mix of the latest local business news, national news, and features to inspire you. Sign up here!
Click here to read our privacy statement