The privately-owned commercial property investor and developer has announced that it will begin the new year by breaking ground and commencing construction of an £8 million warehouse in Staffordshire.
Located in one of Staffordshire’s key logistics hubs at Kingswood Lakeside Business Park, Blakeney Way, Cannock, the West Midlands-based firm are calling this speculative 64,000 sq ft industrial unit ‘Barberry64’.
Barberry development director Jon Robinson said: “Barberry64 is another high-quality warehouse development being delivered by our team and we’re excited to see work start on site in the new year. We are confident our speculative development will cater for several occupier requirements live within the market, providing them with a headquarters building in an excellent location.
“We hope to generate a great deal of interest, giving occupiers the opportunity to purchase or lease this building.”
Barberry’s never warehouse is expected to bring a series of much-needed investment and jobs to the region after acquiring the 3.5-acre site from Staffordshire County Council and Cannock District Council.
Mark Winnington, Staffordshire County Council Cabinet Member for Economic Growth, said: “Barberry’s acquisition and development of this final plot of the Kingswood Lakeside Business Park is a significant milestone for the site and the wider area. It’s one of our flagship sites and was constructed by the county council.
“The quality and success of this final plot development, as with the wider business park, underlines the benefit of close co-operation between the public and private sectors. It is [a] further demonstration of how we’re continuing at pace with our economic growth programme in Staffordshire.”
Barberry was recently recognised as the Commercial Developer of the Year at the prestigious West Midlands Property Awards and increased their turnover from £18m to £41.5m due to a series of successful business plans.
Featured Image: (from left), Paul Barfoot (Benniman), Nick Oakley, (Head of property finance at Frontier Development Capital), Jon Robinson, (Development Director at Barberry Developments), and Eric Henderson, (Capital projects manager at Staffordshire County Council.)