Portfolio: Opus Land

Investment to transform former scrap yard into industrial site.

Sector :
Commercial Property
Location :
West Midlands
Transaction :
Property Development
Investment:

A former Black Country scrap yard is to be transformed into a new industrial creating 203 new jobs, thanks in part to funding from the West Midlands Combined Authority (WMCA).

The site in Seven Stars Road in Oldbury will see a 121,175sq ft warehouse/industrial unit speculatively developed by Opus Land and Palmer Capital.

Opus Land plans to capitalise on the distinct lack of Grade A warehouses in this location by speculatively building a 121,175 sq ft B2/B8 unit and will market the scheme formally to occupiers. The unit will benefit from 10% office content at first and second floors, 125 car parking spaces, lorry parking and an oversized and secure yard.