BAM Properties, part of the UK development, design and construction company, has made its second major letting inside a few days at the Solihull business park, FORE.
Assisted by agents CBRE, BAM has let the first floor of FORE 2 – 10,484 sq ft - to eTech, a rapidly expanding provider of hand held survey applications. The lease runs for ten years at a rent of £21 per sq ft. eTech will be relocating from its current premises in neighbouring Blythe Valley Business Park.
Last week, BAM let the whole of FORE 1 – around 26,500 sq ft - to UTC Aerospace Systems at the same rate.
The ground floor beneath eTech was taken on commercial terms last year by BAM’s construction and facilities management companies, displaying a confidence in its own products that is being matched by the market. Last year BAM let the whole of the top floor at FORE2 to worldwide steelwork supplier, Arcelor Mittal.
Development Director Martin Hill said,
“We’re always pleased to let space, but the quality of the tenants we have attracted is impressive and shows that our buildings are second to none in their quality. It’s a show of confidence in our integrated develop, design and construct approach.”