Prologis has acquired a 16-acre site near Birimingham Airport from U+I for a new distribution park.
The site, which is next to Birmingham Business Park, is close to Junction 6 of the M42 and less than three miles from Birmingham International railway station and airport. Planning permission for a total of 310,000 sq ft is in place and Prologis expects that construction will start this summer.
It will be known as Prologis Park Birmingham International.
Andrew Griffiths, managing director, Prologis UK, said: “There is strong demand for modern industrial and logistics facilities in the West Midlands, but very little land allocated for industrial development. We acquired the Prologis Park Birmingham International site because it is in a prime distribution location and will allow us to offer our customers the best opportunities in the West Midlands market.”