St. Modwen Logistics, one of the UK’s leading logistics developers and managers and a Blackstone portfolio company, has delivered three new sustainable, modern warehouse units totalling 157,000 sq.ft at St. Modwen Park Access 18 Avonmouth, adding to the c. 1 million sq.ft of space already delivered to meet local demand.
The three units comprise c. 44,000, 50,000 and 63,000 sq.ft respectively and make up the only mid-box size scheme to be built in the region this year. Each unit is built to St. Modwen Logistics’ ‘Swan Standard’ of sustainable construction, achieving an EPC ‘A’ rating and targeting an ‘Excellent’ accreditation from BREEAM, the leading real estate sustainability body. St. Modwen’s commitment to delivering sustainable warehousing enables occupiers to meet their own ESG targets whilst also lowering their operational energy costs.
Peter Davies, Development Director, St. Modwen Logistics commented: “At a time when demand is outstripping supply nationally, we are excited to have delivered the only mid-box warehouse scheme in the South West here at Access 18, Avonmouth. The Park is a successful hub for both growing businesses in the region and the traditional big players, with over one million sq ft of space already delivered, including bespoke ‘build-to-suit’ facilities and flexible logistics space. The latest phase delivers even more best-in-class, sustainable warehouse space and supports a diverse mix of employment to support the growth of both local and national businesses.”
Councillor Donald Alexander, Bristol City Councillor for Avonmouth and Lawrence Weston, added: “I was delighted to visit Access 18 today and their new state-of-the-art units are very impressive. I really appreciate the work that St. Modwen Logistics are doing to bring quality jobs to my ward and beyond.”
Access 18 Avonmouth is located just seven miles from the centre of Bristol and two miles from junction 18 off the M5, providing excellent connectivity by road, with Bristol Airport and Avonmouth Docks offering easy access to international markets via air and sea.
The Park is already home to a mix of national distribution firms and growing local businesses, with three existing occupiers having recently expanded their footprint on the site. Infrared heating manufacturer Herschel Infrared has almost doubled its space at the Park, signing for an additional 10,000 sq ft previously occupied by Auto Windscreens who in turn expanded in December 2022 to take two units totalling 14,000 sq ft. Plant-Ex, an international food ingredients company, has also signed for its latest c.6,000 sq ft unit. Since first moving to the Park in 2018, the company has experienced rapid growth which has seen their footprint on the site multiply six-fold from 6,000 sq ft to 38,000 sq ft across four units.
With the latest phase of development now complete, attention will now turn to future projects with more than 370,000 sq ft set to be delivered across three units as part of the next tranche of activity. Two buildings measuring c. 215,000 sq.ft and 103,000 sq.ft will target practical completion in the final quarter of 2024, whilst an additional unit of c.52,000 sq.ft will follow in the first quarter of 2025 to further support the next wave of growing businesses in the region.
St. Modwen is a property developer owned by Blackstone focused on logistics and housebuilding. St. Modwen Logistics develops and manages urban and big box warehouses for customers including global logistics and e-commerce organisations as well as significant national and regional enterprises.