Property agents from the West and East Midlands joined representatives from ProLogis Developments to mark the launch of the final major unit to be built on the company's flagship Midlands industrial scheme, ProLogis Park Coventry.
Unit H2 of 105,000 ft is the last remaining facility on the highly-successful development, which provides more than 1.5 million sq ft of warehousing.
However, ProLogis has announced that is has just released a further eight acres of B1, B2 and B8 land for design and build opportunities up to 175,000 sq ft.
Last year saw the reintroduction of the rail facility at ProLogis Park Coventry. The 310,000 sq ft DHL Exel unit already utilises the facility to transport Danone bottled water to the Midlands, for distribution.
The water is sourced from Badiot in the Loire region of France, the French Alps and Gastaldia d'Antro in Italy. Freight links are from Lille and Zebrugge.
Other occupiers at ProLogis Park Coventry include GEFCO and Terex Benford and, more recently, to Barsan Global Logistics. Other occupiers on this prime site include Tesco, Co-op, Exel Bridgestone, Mastercare, DHL Exel Supply Chain, Richard Austin Alloys, Inkfish and Domestic & General.
Robert Rae, of joint agents North Rae Sanders, said: "The park has been extremely successful, not only in attracting large users, but also medium-sized businesses, as shown on Plot H.
"These include Inkfish (56,823 sq ft), Barsan (70,937 sq ft) Richard Austin Alloys (31,500 sq ft) and, the latest, Metalock Engineering (23,060 sq ft)."
He added: "This is due to the high standard of design and specification, the availability of labour force and its proximity to the Midlands motorway network at Junction 3 of the M6.
"H2 is the last major plot on the park and is already attracting a broad range of interest across the whole spectrum, including distribution clients and smaller occupiers looking for headquarters warehousing, as well as regional manufacturing companies."
ProLogis Park Coventry is one of the country's most successful industrial parks, situated three miles from junction three.
ProLogis Developments spent £18 million improving infrastructure in the area to create easy access for a wide range of users, including distribution and logistics operators, manufacturers, office workers and residents.
The developers say the park has created thousands of jobs, and significantly contributed to the regeneration of the North Coventry region. Sculpted parkland, ponds, lakes, footpaths and cycleways are linked to employment areas, providing a combined work/leisure environment.
The flagship distribution park was developed from the former Keresley Colliery, transforming redundant land into the region's premium industrial park location. The scheme is rail-served, and covers 300 acres. As part of the regeneration, ProLogis sold off several plots of land for residential development to ensure a mixed-use scheme for the area.
Unit H2 comprises a 98,750 sq ft warehouse and 6,250 sq ft of two-storey offices.