St. Modwen secures TrustFord expansion in Warwickshire

Independent dealer group TrustFord has taken 239,580 sq ft at St. Modwen’s Meon Vale Business Park.

TrustFord,  part of the Ford Retail Group and wholly owned by Ford Motor Company, has signed a seven year lease and becomes the largest occupier at the site.

The deal means St. Modwen has now let over 500,000 sq ft of flexible warehouse accommodation at Meon Vale to clients including Unipart Logistics, Desire Tech and Berkeley International Services.

Meon Vale Business Park comprises 900,000 sq ft of industrial and logistics space and is near to J15 of the M40.

Stuart Foulds, chairman and chief executive at TrustFord, said: “This expansion of acreage in Warwickshire reflects our ongoing dedication and investment in our industry-leading fleet and national logistics centre. The location is perfectly situated as our national hub for vehicle preparation and delivery.”

David Penn of Bromwich Hardy and Chris Keye of Darby Keye, joint agents for the site, added: “A large amount of space has been let at Meon Vale in the last few months and reflects the continued demand for flexible logistics space within the region.”