National property consultancy Lambert Smith Hampton (LSH), has helped one of Europes’s leading parcel companies to expand its operations across the West Midlands after completing a deal to move into a new warehouse unit in Sandwell.
DPDGroup who already operate from an adjacent facility in Parsonage Street, Oldbury have agreed to a new lease on a 70,836 sq ft warehouse
The unit sits on a 6.4-acre site located just 1.5 miles from the M5, and comprises of six loading doors, a 54,896 sq ft warehouse, a 14,356 sq ft loading tunnel with canopy and 1,584 sq ft of office space over two floors.
Matt Tilt, Head of Industrial Agency at LSH Birmingham said: “Given the severe shortage of industrial and warehouse units in the region with sufficient yard area, we expected there to be significant interest from potential occupiers, and so it proved. It really suits DPD as the company was looking for extra space and this unit sits right next door to their current operations.
“It is a good quality unit, in an ideal location, given the excellent transport links, for a company working within the parcel sector.”
The unit provides a rare opportunity for DPD to acquire a warehouse unit with a large yard suitable for HGV parking.
DPD currently employs over 11,000 people across the UK operating 3,675 vehicles from 56 locations, servicing 6,500 customers.