Construction of the first speculatively built small unit scheme in Wolverhampton since the recession has now completed at Bentley Bridge Business Park.
Phase 2 is being developed by Clowes Developments UK off Wednesfield Road and has space for up to 33,000 sq ft.
The development is expected to attract interest from the retail trade counter sector and to smaller e-tailing, warehouse and manufacturing firms.
It follows on from development of phase 1 which is fully let to manufacturer Donghua (UK), Euro Car Parts and Principal Hygiene among others.
James Richards, of Clowes Developments UK, said: "For some time, we have seen the property market strengthening and we are happy to have now completed the speculative development of phase 2 Bentley Bridge Business Park.
"To date, we are very pleased with the interest we have received in the scheme and are confident that we can now offer a product that will be well received by the market."
DTZ and JLL are joint marketing agents on Bentley Bridge Business Park.
Jonathan Robinson, from DTZ's industrial agency team, added: "We've received strong interest since construction began and are currently in advanced talks with a number of occupiers who are looking to expand in the city.
"Two units are already under offer and we expect our first sale to be concluded by the end of this month."